Used cars, trucks and SUVs can offer
great value and many dealerships offer low mileage cars that look great and
still with many miles on the road. Below are some items to consider when
purchasing a used car from either a dealer or a third party.
*Auto loan APRs range from 2.24% APR to 12.49% APR as of 1/8/2016; subject to change without notice. 2.24% APR is available to borrowers with excellent credit on a new auto loan a term up to 36 months. PAYMENT SAMPLES: Pay $16.01 per month per $1,000 borrowed at 2.24% APR for 36 months. Pay $19.83 per month per $1,000 borrowed at 12.49% APR for 72 months. Slightly higher APRs apply to refinances of existing Tech CU loans, private party sales and other loans where Tech CU handles vehicle title work. We offer many auto loan options; ask us for details.
Vehicle Loan Terms :1 Term applies to 2015 or newer vehicle models and mileage must be 30,000 miles or less. $15,000
minimum loan amount for 72 month financing.2 Maximum loan
amount based on approved credit. Financing available on used vehicles (including
fleet returned vehicles), excluding salvaged vehicles. Used Vehicles 7 years old
or less and 100,000 miles or less: 100% of Kelley Blue Book Retail Value. Used
Vehicles over 7 years old or more than 100,000 miles: 100% of Kelley Blue Book
Wholesale Value. Plus tax, license, dealer preparation, documentary fees, and
Mechanical Breakdown Insurance or Extended Warranty Insurance.3
Interest Rate will vary based on approved credit and term. Slightly
higher APRs apply to refinances of existing Tech CU loans, private party sales
and other loans where Tech CU handles vehicle title work.4
Payment per $1,000 is based on the highest interest rate with the maximum
All loans require Tech CU membership, credit approval and you must
meet security requirements.