Drive Your Dreams with Our Vehicle Loan

Owning the perfect car is a journey, and we're here to accelerate your drive. At TACU Credit Union, our vehicle financing is designed to make your dream vehicle a reality with competitive rates starting from 0.80% RB.

Why Choose Our Vehicle Loans

Our vehicle loans are designed with you in mind, offering flexibility, affordability, and a hassle-free experience.

Competitive Rates

Enjoy some of the most competitive interest rates in the market, designed to fit your budget and save you money over the life of your loan.

Quick Approvals

We understand your excitement to get behind the wheel. Our streamlined approval process means less waiting and more driving.

Flexible Repayment

Choose from various repayment options that align with your financial situation, with terms up to 7 years for new vehicles.

Explore Our Vehicle Loan Options

Whether you're looking for a brand-new car, a quality used vehicle, or want to refinance your existing auto loan, we have options tailored to your needs.

Standard New Car Loan

Interest Rate

0.80% RB

Term

Up to 7 years

Maximum Amount

Up to $500,000

Key Features

  • 100% financing available
  • No penalties for early repayment
  • Fixed monthly payments
  • Quick approval process
  • Competitive interest rates
Eco-Friendly Vehicle

Interest Rate

0.80% RB

Term

Up to 7 years

Maximum Amount

Up to $600,000

Key Features

  • Special rates for hybrid/electric vehicles
  • Extended repayment terms
  • Environmental rebate program
  • Reduced processing fees
  • Free financial consultation
Premium Vehicle

Interest Rate

0.80% RB

Term

Up to 8 years

Maximum Amount

Up to $1,000,000

Key Features

  • Higher borrowing limits
  • Extended warranty options
  • Exclusive member benefits
  • Flexible payment schedules
  • Insurance package discounts

Simple Application Process

We've streamlined our application process to get you behind the wheel faster.

1

Apply

Complete our simple application form online or at our branch

2

Approval

Receive a decision within 2-3 business days

3

Disbursement

We release funds directly to the vehicle dealer or seller

4

Drive Away

Enjoy your new vehicle with convenient repayment terms

Required Documents

To ensure a smooth application process, please have these documents ready when applying for your vehicle loan.

Personal Documents
  • Valid government-issued ID (Driver's Permit, National ID, Passport)
  • Proof of address (Utility bill not older than 3 months)
  • Last two payslips or income verification
  • Job letter (if employed)
  • Bank statements for the last 3 months
Vehicle Documents
  • Vehicle details and specifications
  • Proforma invoice (for new vehicles)
  • Certified copy of vehicle registration (for used vehicles)
  • Valuation report (for used vehicles)
  • Insurance quote
Additional Requirements
  • Proof of membership with TACU Arima Credit Union
  • Completed loan application form
  • Proof of down payment (if applicable)
  • Additional source of income documentation (if self-employed)
  • Existing loan statements (for refinancing)

Frequently Asked Questions

Ready to Drive Your Dream Car?

Take the first step toward vehicle ownership today. Our team is ready to help you find the perfect financing solution for your needs.

Ready to Get Started?

Apply for your vehicle loan through our secure online platform or contact our team for personalised assistance.