New Vehicle Secured Loans
As a service to our members, EPB Employees Credit Union provides loans to purchase cars, trucks, motorcycles, boats, etc. Since these loans are somewhat similar, the following description of requirements and features will apply to most new vehicles (NV).
NV’s are vehicles classified as “new” per the dealer’s invoice. Demonstrator models may qualify as “new” depending on actual mileage/use. A vehicle can have up to 15,000 miles and still qualify for a new car rate. A perfected title shall be required as security on all vehicle loans.
Buy it now!
We recommend that you call or come by the Credit Union before shopping for two reasons:
On new vehicles, the amount of money the Credit Union will lend is based on 100% of dealers cost plus taxes, warranty and transportation. The following minimum requirements must be met also: