No matter what kind of vehicle you’re in the market for, we have the right loan for you. Our vehicle loan rates are hard to beat.
| Vehicle Loans | ||||
| Model Year | % Financed | Max. Length | Months | Weeks |
| 2008 (*) | 100 | Six Years | 72 | 312 |
| 2008 Used | 90 | Six Years | 72 | 312 |
| 2007 Used | 80 | Five Years | 60 | 260 |
| 2006 | 75 | Four Years | 48 | 208 |
| 2005 | 75 | Four Years | 48 | 208 |
| 2004 | 75 | Three Years | 36 | 156 |
| 2003 | 75 | Three Years | 36 | 156 |
| 2002 | 75 | Two Years | 24 | 104 |
- Click Here for Payment Estimate
- Make sure you research the vehicle before you buy, click here to check with Kelly Blue Book
New Auto or Motorcycle
Up to 100% of the Lower Cost, Sticker or Sales Price, Plus sales tax with a limit of $50,000.00. (*)Any Auto/Cycle less than one year old with less than 1,000 miles shall be considered a new car with a limit of $50,000.00, through the first two months of the next calendar year.
Used Auto or Motorcycle
- Models one year old up to 80% of Book value with a limit of $40,000.00.
- Models of Two to Six years old up to 75% of Book value with a limit of $40,000.00.
Recreational Vehicles
We now finance New/Used Recreational Vehicles (RV,s). Maximum length of loan is 10 years. We will finance up to 80% of the lower cost, sticker or sales price for a New RV up to $50,000. For Used RV's we will finance up to 75% of the book value up to $40,000.00.
If AUTO/CYCLE/RV is used, a copy of the title is required (no salvaged or reconstructed vehicles/cycles will be financed.)
Items Needed to apply for an Automobile, Motorcycle or Recreational Vehicle Loan.
- Purchase and Sales Agreement
- Copy of Window Sticker (only if it's a new Auto/Motorcycle/RV)
- Current Pay Stub.
Items Needed When Automobile or Motorcycle Loan Application Is Returned
- Insurance Binder: Notice of Coverage.
- Photo Copy of Application for Title listing as lien Holder The: City of Boston Credit Union #1204 City Hall - Room 242 Boston, MA 02201-1032 (Called the RMV-1 Form)
- Copy of Bank Check made payable to the Registry of Motor Vehicles for sales tax, or Our completed "Dealer Sale Titling Procedures" form signed by the dealer.
- If applicable, a copy of Bank Check for the difference of the cost of the car and what the Credit Union will finance.
- If a used vehicle/cycle, copy of certificate of title to show vehicle/cyce is not a salvage or reconstructed vehicle.
