New & Used Auto Loans


Members may acquire vehicle loans with payment periods of up to 72 months and financing up to 115% of the purchase*. Payments may be established as monthly, semi-monthly, bi-weekly, or weekly. You may pay by check, an automatic deduction from your account, direct deposit, payroll deduction or transfer.

New

A vehicle that has not been previously titled is considered new. Dealer program cars with less than 20,000 miles not previously titled are also considered new. JMAFCU will finance up to 130% of the dealer cost (not to exceed purchase price plus taxes, tag, insurance and extended warranty).


Used

Any vehicle not fitting the definition of new and less than seven (7) model years old is considered used. JMAFCU will finance up to 105% of current NADA retail value (not to exceed purchase price plus taxes, tag, insurance and extended warranty).


*Annual Percentage Rate – Lowest rate may require down payment. All rates are based on evaluation of the member’s individual credit history. Your actual rate may vary. All rates and terms are subject to conditions and certain restrictions may apply.