Motor Vehicle Loans

Owning your Dream Car just became a reality with a First Regional Motor Vehicle Loan!

  • Low and competitive interest rates
  • Up to eight (8) years to repay and 
  • Build wealth while repaying your loan 

Please review your checklist

  • Copy Certificate of Fitness and Registration 
  • Valuation Report 
  • Pro-forma Invoice 
  • Copy Import Entry Form (C87)
  • Sale Agreement if purchasing from a private individual and vendor’s Driver’s Licence
  • Copy of Certificate of Title if purchasing from a private individual 
  • Quotation for Comprehensive Insurance Coverage 
  • Three (3) last pay slips if paid monthly, six (6) if paid fortnightly or twelve (12) if paid weekly
  • Job Letter 
  • First Regional’s Declaration of Income and other supporting financial documents (for self-employed members)
  • Acceptable ID – (Driver’s License, Passport, Voter’s ID)
  • TRN
  • Passport size photograph of Member
  • Last utility bill (electricity, telephone or water)
  • Life Insurance  (conditions apply)
  • Credit Report Fee of Two Thousand Dollars ($2,000.00) 

Bill of Sale duly executed in the Credit Union’s favour.

Processing fees will also be applicable

N.B. You may also use a motor vehicle you already own to lower the cost of borrowing for other expenses such as weddings, education, debt consolidation, business investment etc. 

Interested?

Our “Phone A Loan” Representatives are waiting for your call. Dial 876-707-2048/2058 or visit a Branch near you. 

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