1st Community Federal Credit Union offers Great rates on Boat, Motor and Trailer Loans.
Boat/Motor/Trailer
| Loan Type | APR * as LOW as: (Purchase or Refinance) | Maximum Amount Financed: | Maximum Term: | Payment per $1000 |
|---|---|---|---|---|
| New Boats/Motors/Trailers (current or prior model year) | 5.75% APR * 6.50% APR * | up to 90% of MSRP (Manufacturer’s Suggested Retail Price) plus Sales Tax, License and Title Fees or Sales Price, whichever is less | 60 months 72 months | $19.22 $16.82 |
| Used Boats/Motors/Trailers (any vehicle that does not meet definition of “New”) | 6.25% APR * 6.25% APR * | up to 90% of NADA Retail plus Sales Tax, License and Title Fees or Sales Price, whichever is less | 48 months 60 months | $23.61 $19.46 |
- Click Here for FREE NADA Pricing Guide information on used boats
- Pre-Approval letter can help you save money when shopping for your boat/motor/trailer
- Refinance that boat/motor/trailer you have financed elsewhere at these LOWER rates
- Easy Payment Options
- Simple Interest
- GAP (Guaranteed Auto Protection) Waiver – offers protection against financial liability or loss on a financed boat/motor/trailer that is damaged beyond repair (totaled) or stolen and never recovered. With GAP, the covered deficiency balance between what you owe on your vehicle and what your insurance company pays is waived. Up to $1000 of your deductible is covered. (Extensions, Skip-a-Payments, Late Fees, and Add-ons are not covered). Must be purchased at time of loan origination.
- Credit Life Insurance available
- Credit Disability Insurance available
- Low Rates & Great Coverage Insurance Options to protect you and your boat – contact 1CFCU Insurance Specialists located at our Wildewood location – Chris Gomos 325/224-3622 – direct cgomos@1cfcu.org or Rush Seaver 325/224-3649 = direct rseaver@1cfcu.org
Rates and terms based on approved credit and are subject to change without notice. We are an Equal Credit Opportunity Lender. APR – Annual Percentage Rate