Vehicle Loans


Check Vehicle Rates | Learn more about Express Check | Discover the R.E.D. Program

AT HTFFFCU we offer a range of vehicle loan options and additional services to make your buying experience as smooth as possible!

Check Vehicle Rates

Vehicle Loan Rates updated as of October 22, 2019

Includes: new and used vehicles such as cars, trucks, and SUVs.

Loan Type Term in Months Fixed Rate APR*
1 - 24 2.25% - 9.40%
25 - 36 2.65% - 10.15%
37 - 48 2.90% - 10.40%
49 - 60 3.00% - 11.15%
61 - 72 3.50% - 11.50%

For longer terms, please give us a call!

At HTFFFCU you can lower your new/used auto & truck rate by enrolling in additional services:

1) .10% APR for setting up Auto Pay for your loan
2) .15% APR for having a credit card with HTFFFCU


Other Vehicles Rates
updated as of July 1, 2019

Includes: boats, motorcycles, jet skis, campers, planes, travel trailers and motor homes)

Loan Type Term in Months Fixed Rate APR*
Watercraft (boats, jet skis, boat trailers),
motorcycles, ATVs, RVs (motor homes, travel trailers, campers),
equipment (tractors)
1-24 2.95%-10.10%
25-361 3.60%-11.10%

Learn More About Our Express Check

What if we told you that car-buying could be faster? Blaze Check is the lightning-fast solution to buying your next new car or truck!

Discover the R.E.D. Program

R.E.D. = Realize. Explore. Drive.

R.E.D. ...the smart choice in new and pre-owned vehicle financing! How would you like a low payment vehicle loan program that combines the best features of conventional financing along with the benefits of leasing? Sound too good to be true? Well, HTFFFCU has the vehicle financing answer for you!

R.E.D. gives you the best of both worlds. Like a lease, R.E.D. offers payments considerably lower than conventional financing. Yet, unlike leasing, with R.E.D. you own the vehicle and have all of the flexibility and benefits that come with vehicle ownership!

All new and up to five-year old cars, vans, and light trucks qualify for R.E.D. financing. All vehicles can be financed for up to 72 months! Other benefits of R.E.D. include:

  • No Capitalization Fees

  • No Application Fee

  • No Security Deposit

  • Option to Sell, Trade, Finance Vehicle Anytime or

  • Return Vehicle at Loan Maturity and simply “Walk-away”

  • No Early Payoff Penalty

  • 100% Financing with NO MONEY DOWN

  • Mileage Options of 12,000, 15,000 and 18,000* Per Year Available

Want to find out how low your R.E.D. payment could be?

Go to the R.E.D. Program CarBuilder calculator where you can build your car from the comfort of your own home.

Would you like to know more about the R.E.D. Program? See below to read Elizabeth Wright, HTFFFCU AVP Area Manager describing how the program can work for you.

The Mysterious Story of R.E.D.

People buy cars differently.

Some spend months researching the best engines whereas, others buy impulsively based on which vehicle catches their eye. Some prefer brand new and shiny vehicles; some choose pre-owned ones. Many people save up for years to avoid a car loan; others don’t mind borrowing. Some people need spacious cars for their families, and others may choose vehicles solely based on their future trade value.

At HTFFFCU, we are conscious of your different needs, your life circumstances, and your individual driving habits. That’s why we have the R.E.D. Program, a vehicle financing program that’s not a loan and not a lease but has the benefits of both. So how exactly does that work?

We sat down with Elizabeth Wright, AVP Area Manager at HTFFFCU and asked her to shed some light on what R.E.D. is really about.

What is the R.E.D. Program?

When you decide to finance a vehicle with R.E.D, the vehicle is titled in your name, unlike with the typical lease. But your monthly or bi-weekly payments are approximately 30% – 40% lower than if you’d taken a regular vehicle loan. Financing is available from 24-72 months with model vehicles up to five years used.

Why is that?

Because of the residual value that we subtract from the price of the vehicle at the start of the program. However, even though the regularly scheduled monthly payments are lower, it is in exchange for a larger final payment of the guaranteed future value if you decide to keep the vehicle. Let me give you an example. Let’s say you want to finance a vehicle that’s worth $30,000 and you want to finance it for 5 years. If you take a traditional loan, you pay $30,000 plus interests for a term of five years.1 If you use the R.E.D. Program, we calculate first what the value of this vehicle in 5 years is going to be. Let’s say it’s going to be $12,000. So, we subtract $12,000 from $30,000 and arrive at the amount of $18,000. This is what we ask you to pay over the course of the next five years.2 If you decide to keep the vehicle, the balloon amount that is due, in this case, $12,000 must be paid in full or financed through a conventional loan. 

What about interest and fees?

Yes. The interest rates with R.E.D. are only 1 percent or higher than traditional vehicle loans but remember that your interest is calculated based on your credit score and term you choose. Therefore, in relation to the example above, the amount borrowed would be based on $18,000 as opposed to $30,000. There is also a $745 up front fee for enrollement.

Okay, so I pay $18,000 plus interest over the next 5 years. What happens then? You said I am the owner of the car, right?

You can be!  At the end of R.E.D., you can decide what you want to do with the vehicle. You can return it, walk away and get another vehicle, or you can decide to keep the vehicle and pay off the remaining balance (or in other words, the residual value of the vehicle.)

Let’s say I want to turn the vehicle in at loan maturity. Where’s the catch? What do I have to pay?

No catch. The only cost if you decide to walk away is a disposition fee of $195 and any fees that may occur for any excess wear and tear or over mileage. You essentially drove a $30,000 priced vehicle for the cost of $18,000. The vehicle must be in good condition upon return. Excess miles driven are only 10 cents per mile.

It sounds too good to be true…

There is an upfront enrollment fee of $745, and there are few restrictions on the vehicles available for financing with R.E.D. The vehicle that you choose cannot be older than five years, and the mileage cannot be higher than 105,000 depending on the vehicle’s age. For newer vehicles, mileage needs to be lower than for the older ones. You can select mileage options from 12,000, 15,000 or 18,000 miles per year in the plan you choose.

What about price restrictions?

For vehicles with an MSRP greater than $75,000, a surcharge may be applicable. Our loan officers would disclose this to you upfront.

So R.E.D. is for everyone?

Who isn’t looking to get a lower monthly payment on their auto loan? Our R.E.D. financing option is a great way for members who trade in their vehicle opften to get an affordable payment that fits into their budget, shorten their trade cycle, and eliminate their risk of being in a negative equity position. With that being said, if you plan to drive a lot more than the typical city driver, due to mileage, our R.E.D. program may not be for you.


Elizabeth Wright is the AVP Area Manager at HTFFFCU where she oversees all three of our locations. She in charge of training and coaching staff, all to enhance the HTFFFCU member experience.


To receive the lowest rate within each range above requires a FICO 08 score of 750 or higher. See a loan officer for specific details.
1For rates beyond the 36 month term please contact us.
All rates are subject to change without notice. Some restrictions apply.