Auto

Dealer Rates

Effective as of Wednesday, January 1, 2020. All fees and rates are subject to change without notice.

Dealers: Verify liens are paid off on the DMV site.
For paper lien release: Send email request with title to [email protected]
For payoff quotes: Please contact our Call Center at 516-561-0030 or email us at [email protected]

New and Used Rates
Money Factor
BuyRite
Motorcycles
Guidelines

Vehicle Year	Maximum Term
2019-2021	96 months
2018	84 months
2012 - 2017	72 months

Jovia Financial Credit Union will not finance commercial vehicles, or livery and rideshare vehicles. Jovia Financial Credit Union will not finance vehicles older than 2012.

New Auto Loan Rates as low as*

Loan Term	APR
2019 - 2021 New 1 Year Loan	2.89% - 7.59%
2019 - 2021 New 2 Year Loan	2.89% - 7.59%
2019 - 2021 New 3 Year Loan	2.89% - 7.59%
2019 - 2021 New 4 Year Loan	2.89% - 7.59%
2019 - 2021 New 5 Year Loan	2.89% - 7.59%
2019 - 2021 New 6 Year Loan	3.19% - 7.79%
2019 - 2021 New 7 Year Loan	3.59% - 8.79%
2019 - 2021 New 8 Year Loan	4.29%

*For rates and margins shown as ranges, the Annual Percentage Rate (APR) and margin, if applicable, you receive will be within the range disclosed and is determined by your credit history and past credit performance. Please ask us for the initial rate that you qualify for.

Used Auto Loan Rates as low as*

Loan Term	APR
Used 1 — 5 Year Loan — 2018 model years	3.09% - 12.49%
Used 6 Year Loan — 2018 model years	3.29% - 8.59%
Used 7 Year Loan — 2018 model years	4.09% - 7.59%
Used 1 — 5 Year Loan — 2012 - 2017 model years	3.19% - 14.49%
Used 6 Year Loan — 2012 - 2017 model years	3.79% - 6.09%

Money Factor

Credit Score	700+	670 - 699	640 - 669	620 - 639
36 - 60 months	0.00178	0.00192	0.00208	0.00225

BuyRite Plus Balloon Auto Loan as low as*

Balloon based on 90% of ALG / MEMBERS’ CHOICE GAP INSURANCE IS AVAILABLE ON ALL BRP LOANS

710 and above	3.24% - 5.88%
670 - 709	3.24% - 5.88%
635 - 669	5.88% - 6.88%
Rate remains the same regardless of term. Maximum term:
1 Year Old Vehicle - 60 Months
2 Year Old Vehicle - 48 Months
3 Year Old Vehicle - 36 Months

New and Used Motorcycle (as low as)

Loan Type	APR
1 - 3 Year Loan	6.500 % - 8.500 %
4 - 6 Year Loan	7.000 % - 9.000 %

Maximum age of motorcycle cannot exceed 3 years
Financing for 4 - 6 years is on a case by case basis
Maximum Loan amount is $50,000
Maximum term is 6 years

Maximum Advance Guidelines

*Advances are dependent of members' credit scores and not all members will qualify for high advances. Call for details

New Autos: May finance up to 125% MSRP (including tax, title, and warranty)*

Used Autos: May finance up to 125% of the NADA Retail Value (including tax, title, and warranty)*

New Motorcycle: We will finance up to 100% of MSRP or NADA suggested list price.*

Used Motorcycle: We will finance up to 100% of MSRP or NADA suggested list price.*

Important Notice

All loan applications are subject to the following:

Verification of Employment
If a member is self-employed, they must supply 2 years of tax returns before disbursing
Verified Income
Verified Membership Eligibility
Completed signature card and $5 membership fee (new members only)
2 forms of identification
Members Choice GAP insurance (required on all leases and BuyRite Plus Balloon Loans)

Rates and terms are subject to change without notice.