Auto Loans
Auto Loans will be given on new or used vehicles purchased through a dealership located in New Jersey. An untitled vehicle, such as a demo or leftover, will be considered as new. Used vehicles cannot be more than 5 years old. Maximum loan amount for new or used vehicles cannot exceed $30,000. A 10% down payment is required on a new vehicle; 20% down payment for a used vehicle. Maximum financing is 60 months, depending on the age of the vehicle.

LOAN TYPE/TERM APR TERM (Months) ADDITIONAL INFORMATION MONTHLY PAYMENT PER $1,000
New Auto 6.500% 48 Maximum Loan Amount $30,000. 10% Down Payment Required $23.72
New Auto 6.750% 60 Maximum Loan Amount $30,000. 10% Down Payment Required $19.69
Used Auto 2 Yrs. or Newer 7.000% 60 Maximum Loan Amount $30,000. 20% Down Payment Required $19.81
Used Auto 3 or 4 Years Old 7.500% 48 Maximum Loan Amount $30,000. 20% Down Payment required $24.18
Used Auto 5 Years Old 8.000% 24 Maximum Loan Amount $30,000. 20% Down Payment Required $45.23

Rates Subject to Change without notice.

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