New Autos
1. Find a New Car
-
Visit one of
Tech CU partner dealers for a great deal on a new car, or
build a new car online and find it at a dealer near you.
-
Use Tech CU's
free auto buying service to find a car for you based on the specifications you supply.
-
Find the hybrid car or vehicle getting 30 mpg (as determined by
www.fueleconomy.gov online that you want and you’ll receive a .30% rate discount on a new or used car loan with Tech CU.
A Tech CU loan for a new vehicle features:
- Up to 100% of purchase price, plus tax, license, dealer preparation, documentary fees, and Mechanical Breakdown Insurance or Extended Warranty Insurance.
- Mechanical Breakdown Insurance available for new dealer-purchased vehicles.
- Automatic payment available from a Tech CU Checking or Savings account
| Term1 |
Minimum
Loan Amount2 |
APR3 |
Example Payment
per $10004 |
| 24 - 66 months |
$5,000 |
5.000- 13.250% |
$21.41 |
| 72 months |
$15,000 |
5.650- 13.900% |
$20.55 |
| 84 months5 |
$25,000 |
5.650- 13.900% |
$18.68 | |
Possible Rate Discounts:
| Discount Method |
Rate Discount |
| Purchase your new or used car through Tech CU's Car Store |
.25% |
|
Fuel $mart Loan rate discount
Fuel $mart Auto Loan applies to any hybrid vehicle or a vehicle that gets 30 MPG Highway as determined on www.fueleconomy.gov |
.30% |
| Additional rate discount also available through Relationship Rewards | |
3. Other Loan Options:
Auto Equity Loans
Auto Equity Loans are secured by the vehicle and a deed of trust on the borrower's residential property located in California. The interest paid, therefore, is tax deductible in most cases. Consult your tax advisor. Auto Equity Loans are available under the same rates and terms as New Auto Loans. Also learn about our used auto loans options.
Vehicle Loan Terms :
(1) $15,000 minimum loan amount for 72 month financing, $25,000 minimum loan amount for 84 month financing, and $30,000 for 96 month financing.
(2) Maximum loan amount based on approved credit. New (current model year) vehicles: Up to 100% of Purchase Price, plus tax, license, dealer preparation, documentary fees, and Mechanical Breakdown Insurance or Extended Warranty Insurance.
(3) Interest Rate will vary based on approved credit.
(4) Payment per $1,000 is based on the highest interest rate with the maximum term.
(5) Term subject to credit approval.