Auto and Recreational Loans
Our credit union offers extremely competitive rates on Auto and Recreational Loans. Members can find some of the most affordable financing on new and used autos/recs right here at the Credit Union. By making convenient payments through payroll deduction or Automatic bill pay through another finacial Insitute, you can spend less time thinking about your payments and more time with your new vehicle. We have a wide variety of terms and also offer refinancing, so come in today and let us meet your needs.
Open share account required to apply
Loan Features:
- Pre-Approvals
- Convenient Payments through payroll deduction and automatic transfers
- Wide variety of terms
- Refinancing available
Refinance with Us!
Looking to refinance? Refinancing with us is easy and can save you money. It could lower your monthly car payments, reduce your interest rates or adjust the length of your loan term. SIMPLY:
- Bring in the original contract
- A 10 day payoff
Rates are based on your credit score.
Call 1 (313) 963-6060 or visit our branch to start your loan application today.
New Or Used Vehicles
- 2014 or newer
- Rates as low as 5.99%
- Max Terms of 84* months
| Year | Annual Percentage Rates (APR) | Terms |
|---|---|---|
| New Vehicles | ||
| New vehicles | as low as 5.99% apr = annual percent rate | Up to 60 months |
| New vehicles | as low as 6.49% apr = annual percent rate | borrowing over $25,000.00 72 months |
| New vehicles | as low as 6.75% apr =annual percent | borrowing over $35,000.00 84 months |
| New Motorcycles | as low as 5.99% apr = annual precent | Up to 60 months |
| Used Vehicles | ||
| 2016 to current | as low as 6.49% apr = annual percent rate | Up to 60 months |
| 2015 and older | as low as 8.25% apr = annual percent rate | Up to 48 months |
| Used Motorcycle 2015 to current | as low as 6.49% apr = annual percent rate | up to 60 months |
| Used Motorcycle 2015 older | as low as 8.25%apr = annual percent rate | up to 60 months |
| New Recreational Vehicles (Boats, Motor Homes, Trailers, Campers, Jet Skis, Snowmobiles, ATV) | as low as 7.25%apr = annual percentage rate | Up to 60 months |
| as low as 7.49%apr = annual percentage rate | 61- 84 months | |
| as low as 7.99%apr = annual percentage rate | 85 - 120 months | |
| as low as 8.49%apr = annual percentage rate | 121 - 180 months with a min of $50,000.00 and 10% down. | |
| All loan payments 15 or more days late, will be charged a late fee. | ||
What would my auto payments be?
Many factors go into determining the final loan amount for the purchase of a new or used vehicle. These factors include any manufacturer's rebate, the trade-in value of your old vehicle less any outstanding balance, your down payment, etc. Once the loan amount is determined the interest rate and the term of the loan will be used to estimate your vehicle payment.