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Member Shared Branching
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Loans —
Used Autos & Trucks |
Late Model Car |
Specialty or Classic Car |
Motorcycles (Used) |
Used Boat Motor and Trailer, RV's, Campers and 4-Wheelers
Used Autos and Trucks (5 years and older)
| Term | Rate (APR) |
| 24 month | 7.25% |
| 36 month | 7.75% |
| 48 month | 8.25% |
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Used cars are 5 years old or older. Financing is based on the NADA trade-in value as listed in a current NADA price guide. Full coverage insurance showing CTECU as the loss payee and a dealer contract or legal description of the vehicle including mileage is required. Title showing CTECU as lien holder. |
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Late Model Car
Includes 2006, 2007, 2008, 2009 year models
| Term | Rate (APR) |
| 24 month | 6.50% |
| 36 month | 7.00% |
| 48 month | 7.50% |
| 60 month | 8.00% |
| 72 month* (*$15,000 minimum) |
8.15% |
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Late model cars are 4 years old or younger, not new. Full coverage insurance showing CTECU as the loss payee and a dealer contract or legal description of the vehicle including mileage is required. Title showing CTECU as lien holder. |
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Specialty or Classic Car
80% of certified appraised value
| Term | Rate (APR) |
| 3 year | 8.75% |
| 5 year | 9.50% |
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Full coverage insurance showing CTECU as the loss payee. A dealer contract or legal description of the vehicle including mileage. Certified appraisal. Title showing CTECU as lien holder. |
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Motorcycles (Used)
80% of appraised value
| Term | Rate (APR) |
| 4 year | 9.50% |
Used Boat Motor and Trailer, RV's, Campers and 4-Wheelers
Up to 80% appraisal or 100% NADA wholesale value
| Term | Rate (APR) |
| 24 month | 7.00% |
| 36 month | 7.50% |
| 48 month | 8.00% |
| 60 month | 8.50% |
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Full coverage insurance showing CTECU as loss payee. Condition survey and appraisal if not purchased through dealer. Title showing CTECU as lien holder. |
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Disclosure: Loans are for qualified applicants. APR denotes Annual Percentage Rate. These loan rates and terms are subject to change upon Board of Directors discretion.
| Branch Location | ||||||||||||
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3100 Wilcrest, Suite 141 Houston, TX 77042 713 532-7570 (Phone) 713 532-7578 (Fax)
1415 Louisiana, Suite 100 |
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