Auto Loans

Dreaming of that car your whole life? Your kid started college and is taking the old minivan with him? Whichever the case, we know you are in need of something new. Here at Caribe Federal we will help you find the ideal car for your budget. If you do not know how much you could pay, we pre-approve your loan and assist you in your purchase. With Caribe you have the following benefits:

 

  • Financing up to 100%
  • Insurance coverage
  • Financing of extended warranty
  • Loan transfer from other institution
  • Attractive interests for both new and used cars*
  • Car Dealer or private sales of individuals

 

Special programs

With our Auto Balloon service reduce your monthly payment by receiving 100% financing, the best interest rate and terms of up to 60 months. In addition, you will have several options of coverage and insurance.

Classic Car Loans 

New product designed for classic car fans. This special product will have the following conditions:

  • Vehicle has to be 35 years or older
  • Has to have a market value of over $10,000
  • Used auto loan interest will be applied*
  • Terms up to 72 months
  • Financing of up to 75% of selling price or market value (lower amount)
* Some restrictions apply. Subject to credit approval and other parameters established by CFCU. Your interest rate will be determined based on your credit history. * Used car is any vehicle that has a market value of more than $10,000.
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