Vehicle Loan Rates

Vehicle Model Years - 2007 and Newer
Approx. Term	Minimum APR - Maximum APR
3 Year (36 month) 4 Year (48 month) 5 Year (60 month) 6 Year (72 month)* 7 Year (84 month)**	2.99% - 9.49% 3.50% - 10.00% 3.99% - 10.49% 4.50% - 6.00% 4.74% - 5.24%
*The six (6) year term requires a minimum loan amount of $20,000 **The seven (7) year term is eligible for current model year only, and requires a minimum loan amount of $30,000 along with a 10% down payment.

 

Vehicle Model Years - 2006 and Previous
Approx. Term	Minimum APR - Maximum APR
3 Year (36 month) 4 Year (48 month)* 5 Year (60 month)**	4.25% - 10.75% 4.50% - 11.00% 5.25% - 11.75%
* The four (4) year term requires a minimum vehicle value of $12,500. **The five (5) year term requires a minimum vehicle value of $17,500.

 

Important Facts

APR=Annual Percentage Rate, Interest rates are quoted using a range from the Minimum APR to the Maximum APR.  Your individual credit qualifications will determine rate and term within the respectable ranges. The disclosed rates reflect a .25% discount for an automatic payment from payroll deduction or direct transfer from a TCT checking account. Under the Credit Union's guidelines for lending and the purposes of this rate sheet, vehicles are defined as automobiles, SUVs and motorcycles. Low cost GAP Protection is available on all vehicle loans and may be required depending on your individual credit qualifications and the actual loan to value. TCT FCU requires collision and comprehensive insurance on all vehicle loans.

Rates are subject to change without prior notice and are accurate as of August 1, 2010.  This credit union is federally insured by the National Credit Union Administration.  Loans granted to members only, contact us for membership eligibility requirements.