New & Used Vehicle Loans

When it comes to purchasing your next vehicle, we have the loan product designed to fit your specific need. We offer new, used, lease buyout and transfer loans.

Benefits of Getting a Vehicle Loan.

• Pre-approval available to facilitate your vehicle purchase process.
• All loans are fixed rates.
• We finance automobiles, boats, campers, motorcycles and other recreational vehicles.
• We offer vehicle transfer loans for the outstanding balance at the remaining term. Note, some restrictions apply.
• We offer program loans for vehicles less than 18-month old, under 20,000 miles that are titled to the dealer or a finance company.
• To apply, click the APPLY FOR A LOAN.
• You can apply online or print the application and drop it off at the Credit Union.
• Vehicle Loan payments can be automatically deducted from your Share or Share Draft account.

Information Required as Part of the Approval Process.

• Verification of income for all borrowers – paystubs within the past 30 days and/or all other income sources
• Auto loan - Dealer invoice or copy of title or registration if private sale
• Auto Transfer loan – 10 day payoff amount from current financial institution
  • Copy of original loan contract showing dates/terms
  • Make, model and mileage of vehicle
• Lease buyout - 10 day buyout amount from leasing financial institution
  • Make, model and mileage of vehicle

Download PDF Form Option

Of course, for those of you who prefer to apply using a paper form, you can download a PDF form HERE. You can populate the form on your computer, print it out and deliver in person at the Credit Union.

You can email this information to newloans@kenteachfcu.com or fax it to (716) 877-6456.