Features
Great rates + flexible financing options = car buying satisfaction. At Jolt, you'll get:
- Simple application and timely decisions so you can focus on the more important things in your life
- 100% financing loan to value
- No payment for 90 days*
- Payment options. Choose from automatic withdrawal, bill pay or coupon payment.
- Pay off your loan on your terms - up to 84 months.
- Low cost Guaranteed Auto Protection Plus (GAP) and Jolt Payment Protection
- Already driving your dream? Refinancing could save you money.
*Credit approval required. Interest accrues from date loan is funded.
DEALER DIRECT FINANCING
When you purchase your new or used vehicle at a participating dealership, you can finance your vehicle through Jolt and complete your transaction on the spot. All of the paperwork is taken care of at the dealership. You enjoy the same great rates without an additional trip to your local branch.
SPEED UP YOUR LOAN APPROVAL
Save trips to the credit union, limit the need for follow up and get a faster response to your application request. Gather and provide the following documents when you apply for your auto loan:
- Recent paystub, (For self-employed individuals, a W2 and/or filed and signed tax returns are required)
- Title (if refinancing your current vehicle)
- Proof of insurance
Rates
| Loan Term \ Details | Year of Vehicle | APR* as low as | Interest Rate |
|---|---|---|---|
| Up to 36 Months | 2022-2024 | 6.584% | 6.49% |
| 37 to 48 Months | 2022-2024 | 6.561% | 6.49% |
| 49 to 60 Months | 2022-2024 | 6.584% | 6.49% |
| 61 to 72 Months | 2022-2024 | 7.039% | 6.99% |
| 73 to 84 Months (Minimum $10,000 Loan) |
2022-2024 | 7.293% | 7.25% |
*APR=Annual Percentage Rate. Rates listed represent our best rates and include a $35.00 processing fee. Rates, terms and conditions vary based on creditworthiness, qualifications and collateral conditions. All loans are subject to approval and rates are subject to change without notice. Other conditions may apply. To view Payment Examples please select the hyperlinks on each loan rate. | |||
| Loan Term \ Details | Year of Vehicle | APR* as low as | Interest Rate |
|---|---|---|---|
| Up to 36 Months | 2013 & Older | 6.584% | 6.49% |
| 37 to 48 Months | 2013 & Newer | 6.561% | 6.49% |
| 49 to 60 Months | 2016 & Newer | 6.548% | 6.49% |
| 61 to 66 Months | 2017 & Newer | 7.043% | 6.99% |
| 61 to 72 Months | 2018 & Newer | 7.039% | 6.99% |
| 73 to 84 Months | 2020 & Newer | 7.293% | 7.25% |
*APR=Annual Percentage Rate. Rates listed represent our best rates and include a $35.00 processing fee. Rates, terms and conditions vary based on creditworthiness, qualifications and collateral conditions. All loans are subject to approval and rates are subject to change without notice. Other conditions may apply. To view Payment Examples please select the hyperlinks on each loan rate. | |||
Calculator
Should I lease my next automobile or finance it?
GAP Plus
*Not NCUA/NCUSIF Insured
A wrecked vehicle can wreck your finances if you owe more on your loan than your insurance will pay. GAP Plus is like an airbag for your vehicle.
Guaranteed Asset Protection (GAP) Plus can help fill the gap between what your vehicle insurance will pay and what you owe on your loan, to cushion you against sudden out of pocket expenses if your vehicle is deemed a total loss. GAP Plus may cancel part of your next loan with your credit union, when you purchase a replacement vehicle. GAP Plus can help lighten the financial burden for you and the people you care about.
All of this coverage is available for a one-time premium of $525.00.
1% for a typical vehicle in America. Edmunds, “How long should my vehicle loan be?”, http://www.edmunds.com/ vehicle-loan/how-long-should-my-vehicle-loan-be.html March 2015.
Jolt Payment Protection
*Not NCUA/NCUSIF Insured
Life can be wonderful. But it can also get complicated when unexpected things happen. Protecting your loan balance or loan payments against death, disability, or involuntary employment could help protect your finances. This protection could cancel your loan balance or payments up to the contract maximum.
Jolt payment protection adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, and the loss of life of a non-protected dependent. Protect your loan balance or loan payments today so your family can worry a little bit less about tomorrow.
Purchasing is voluntary and won’t affect your loan approval. It’s simple to apply. Ask your loan officer about eligibility, conditions and exclusions.*
.jpg "Protecting your loan balance or loan payments against death, disability, or involuntary employment could help protect your finances.")
*Refer to the member agreement for a full explanation of terms and conditions.
WE HELP YOU MANAGE THE UNEXPECTED
When you have an expense you didn't plan for or need extra cash for vacation, Jolt’s Skip a Payment* program lets you skip your monthly payment for a $35 processing fee on a qualifying Jolt loan. Interest will continue to accrue on your loan.
ONLINE BANKING USERS
Skip your payment now by logging into your Online Banking account and click on Services and select Skip a Payment.
I DON'T WANT TO USE ONLINE BANKING
Call the credit union at 800.798.2328 or stop by any location.
*Finance charges continue to accrue during the skipped period. Loans must be current to qualify. Please note that Mortgages, Home Equity loans, Credit Cards and Lines of Credit are not eligible. A $35 processing fee will be assessed for each skipped loan. Each loan may only be postponed twice per 12 month period and 3 consecutive payments must be made in between requested skip a payments. A skipped payment may reduce any GAP insurance claims on insured vehicles. Please consult your GAP Policy for more information.