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Manchester Co-operative
Credit Union (1977) Ltd.
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Home/Loans/Dream Wheels Auto Loan
Dream Wheels Auto Loan

Drive away in your dream ride.

Up to 100% financing at a low 7.50% interest rate, new or pre-owned, with free loan protection and terms that fit your budget.

As low as 7.50%
Interest rate
Up to 100%
Financing available
Up to 10 years
Repayment term
Apply for this loan Estimate my payment
A happy couple with the keys to their new vehicle
Up to 100% financing
Little to no deposit needed*
Vehicles up to 10 yrs
New or pre-owned
Terms up to 10 yrs
Comfortable repayments
Free loan protection
Up to $1.2M cover*
Why Dream Wheels

Everything you need to get on the road

A straightforward auto loan built around you, competitive rates, generous financing and protection included.

1

Up to 100% financing

Finance the full purchase price where you qualify. Keep more of your savings in the bank.

2

Vehicles up to 10 years old

Whether new or gently pre-owned, we finance vehicles up to ten years old.

3

Repayment up to 10 years

Choose a term that keeps your monthly payment comfortable.

4

Motor vehicle insurance

Comprehensive motor vehicle insurance coverage is available through the credit union.

5

Free loan protection

Free Loan Protection insurance of up to $1,200,000.00* gives your family peace of mind.

6

Low 7.50% rate

A competitive fixed interest rate that keeps the cost of your loan down.

Payment estimator

Estimate your monthly payment

Move the sliders to see an estimate at the 7.50% Dream Wheels rate. Figures are indicative. Your officer will confirm exact terms.

J$3M
J$300KJ$12M

Slider range is illustrative. Your borrowing limit is assessed on income, savings and security.

5 yrs
1 yr10 yrs

Dream Wheels rate is 7.50%.

Up to 100% financing available.

Estimated monthly payment
J$60,114
Amount financedJ$3,000,000
Total interestJ$606,831
Total repaymentJ$3,606,831
Apply with a Credit Officer →
What to bring

Documents you’ll need

General loan requirements

Job Letter
Proof of address (not older than 3 months)
Last three (3) months’ payslips
Financial Statements (self-employed individuals)
ID (Passport, Driver’s Licence or National ID)
Taxpayer’s Registration Number (TRN)
Credit Union passbook

Additional documents required

Valuation Report
Motor Vehicle Title
Certificate of Fitness
Registration Certificate or C87 (if just imported)
Comprehensive Insurance Quotation
Proforma invoice

Disclaimer: The terms and conditions of the products are subject to change from time to time. Please confirm the current terms and conditions with a Member Service Representative. *Conditions apply.

Three simple steps

How to apply

01

Gather your documents

Collect the general and vehicle-specific documents listed above so your application moves quickly.

02

Talk to a Credit Officer

Meet a Credit Officer in Mandeville or Christiana, or call 876.962.0401 to get started.

03

Get approved & drive

Once approved, your funds are disbursed and you’re ready to hit the road in your dream ride.

Other loans you may like

View all loans →
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Secure 24 Loan

A cash-secured loan with same-day access to funds against your savings.

Learn more →
Flexible

Moni-Tree Line of Credit

A revolving line of credit you can draw on whenever you need it.

Learn more →
Home

Property Loan

Finance the purchase, construction or improvement of your property.

Learn more →

Ready to find your dream wheels?

Speak with a Credit Officer today and drive away sooner.

Meet our Credit Officers →Call 876.962.0401
Dream Wheels Auto Loan, 7.50%Up to 100% financing · terms to 10 years
Estimate paymentApply now →
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Manchester Co-operative
Credit Union (1977) Ltd.

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876.962.0401Mandeville & Christiana, Manchester
Kingston Branch
27 Parkington Plaza, Kingston 10, Jamaica, W.I.
876-920-7447 / 876-906-5362
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Shop 22, Sagicor Commercial Centre, Howard Cooke Blvd, Montego Bay, St. James, Jamaica W.I.
876-979-6516
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