Vehicle & Motorcycle Loans

Buying a vehicle is a big financial step!  That is why it is important to us to provide members with valuable information in order for them to be successful in making a good deal.  Please Read the Be Prepared Section Below before making your special purchase.

NEW Vehicles, Program Vehicles, & Motorcycles, & Program Vehicles:

USED Vehicles & Motorcycles:

Loan Approval: All loans are subject to credit approval and are based on current policies and procedures.

Loan Officer: Cathy St Aubin                                                                                                                             

Be Prepared:   Being prepared will give you an advantage to make a better deal on your purchase.  Before you make a purchase, do your research as suggested below: 

0% Financing versus Rebates: Are you getting the best deal?  Take a closer look!  …You have seen the advertisements or perhaps you are in the market for that new car and have been offered 0% financing!  Sounds great, however, what you probably don’t know is that if you choose to do your financing with another institution you can take the cash rebate and apply it to the purchase price.  Also, 0% financing only applies to certain models and is for a shorter term to qualified borrowers.  Less than 25% of consumers actually get approved for 0% financing.  Take a look at the following table to see how taking the rebate and financing and financing with St. Jules Credit Union can bring you additional savings

            

Dealer 
Financing

Dealer 
Financing
St. Jules CU Financing St. Jules CU Financing
Loan Rate (APR)  0.00%   4.90%  6.50%  6.90%
Term of Loan in Months  36    60  36   60
Price of Vehicle  $20,000.00   $20,000.00  $20,000.00  $20,000.00
Down Payment/Trade-In  $2,500.00  $2,500.00  $2,500.00  $2,500.00
Dealer Rebate  N/A  N/A  $2,000.00  $2,000.00
Amount of Loan  $17,500.00   $17,500.00  $15,500.00  $15,500.00
Monthly Payment  $486.11  $329.52  $475.18  $306.28
Total Amount Paid  $17,500.00   $19,771.05  $17,106.26   $18,376.78
Total amount saved by choosing Credit Union financing:      $393.74  $1,394.27

Contact St. Jules Credit Union: Set up an appointment to complete your loan.

ENJOY YOUR NEW PURCHASE!  

 

Equal Housing LenderNational Credit Union Administration
NCUA - Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government agency. Equal Housing Lender - We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act