| Vehicle Category / Age Condition | Downpayment | Loan Rate | Term |
|---|---|---|---|
| New Vehicle | |||
| Standard | Up to 5% | 5.5% to 6% | Up to 7 years |
| Roll-on Roll-off < 4 yrs | |||
| <2 yrs old | 15% | 7.5% | 5 yrs |
| <4 yrs old | 20% | 7.5% | 4 yrs |
| Local Used < 5 yrs | |||
| <1 yr old | 10% | 6% | 6 yrs |
| <2 yrs old | 15% | 7.5% | 5 yrs |
| <5 yrs old | 30% | 7.5% | 4 yrs |
| Over 5 yrs | |||
| General | Minimum of 40% | 9% to 11% (based on credit profile) | Up to 4 yrs |
| Company | Address | Contact |
|---|---|---|
| Cariclaims Investigators & Adjusters Limited | 32 Gordon Street
P.O. Box 1006 Port of Spain | Tel: 625–9080; 623–8401
Fax: 627-6716 E-mail: cariclaims@trinidad.net |
| General Adjusters Limited | Room 302, Cross Crossing Shopping Centre,
Lady Hailes Avenue, San Fernando | Tel: 652-5310
Fax: 657-0778 E-mail: adjusters@carib-link.net |
| Pioneer Claims Services Company Limited | 22 Warner Street
Port of Spain 77-81 Independence Avenue San Fernando | Tel: 622-2354 / 627-7475
Fax: 628-0947 Tel: 653-4869 Fax: 653-4869 E-mail: pioneer@tstt.net.tt |
| Oliver Rosemin & Company Limited | P.O. Box 652
48 New Street Port of Spain | Tel: 625-4962 / 625-4701
Fax: 623-1914 |
| Motor Critic Limited | #50 Mucurapo RoadSt. James | Tel: 622-7235; 628-8554
Fax: 622-7235 |
Unencumbered Shares & Minimum Additional Requirements
| Loan | 10,000 | 20,000 | 40,000 | 60,000 | 80,000 |
| Unencumbered shares(25%) | 2,500 | 5,000 | 10,000 | 15,000 | 20,000 |
| Additional shares or collateral (35%) | 3,500 | 7,000 | 14,000 | 21,000 | 28,000 |
| Minimum total security (60%) | 6,000 | 12,000 | 24,000 | 36,000 | 48,000 |
The total amount of money you want to borrow.
The annual interest rate for your loan.
The number of months you have to repay the loan.
Disclaimer: These calculations are for reference only. Loan applications submitted are subject to other administrative and processing fees, which may differ from these calculations.
TT$1,061
The amount you will pay each month.
BECU’s goal is to foster a resilient and dynamic environment in which to cultivate enhanced financial security and prosperity for our membership, and the credit union movement overall.
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