Auto Loan Rates in NY at Chemung Canal

Chemung Canal Trust Company operates as a full service community bank in New York. Its personal banking services include checking accounts, savings accounts and investments, consumer loans, retirement plans, and credit cards.

At the close of 2008, the bank operated 20 full service bank offices in Chemung, Broome, Schuyler, Steuben, Tioga, and Tompkins Counties; a trust and investment center in Herkimer County; and 12 off-site automated teller facilities.

The banks lending operation offers various consumer loans, such as mortgages, home equity loans, home improvement loans, student loans, credit-builder loans, lines of credit and auto loans.

The bank promotes a variety of car loan rates and terms.  Current car loan rates and terms offered by the bank include the following.

New Auto Loans:

Credit scores of 700 and above with a car loan term of 0 to 72 months and 0% down payment has a car loan rate is 7.50%.
Credit scores of 700 and above with a car loan term of 0 to 66 months and0% down payment has a car loan rate is 7.25%
Credit scores of 700 and above with a car loan term of 0 to 60 months and 0% down payment is 7.00%
Credit scores of 650-699 and above with a car loan term of 0 to 60 months and 10% down payment is 7.50%
Credit scores of 649 and below with a car loan term of 0 to 48 months and 15% down payment is 8.50%

Used Auto Loans for Model Years 2009 & 2008 :

Credit scores of 700 and above with terms 0 to 60 months and 0% down payment has a car loan rate is 7.50%
Credit scores of 650-699 and above with terms 0 to 60 months and 10% down payment has a car loan rate is 8.00%
Credit scores of 649 and below and above with terms 0 to 48 months and 15% down payment has a car loan rate is 9.00%

Used Auto Loans for Model Years 2007 & 2006 :

Credit scores of 700 and above with terms 0 to 48 months and 0% down payment has a car loan rate is 7.95%
Credit scores of 650-699 and above with terms 0 to 48 Months and 10% down payment has a car loan rate is 8.50%
Credit scores of 649 and below with terms 0 to 48 Months and 15% down payment has a car loan rate is 10.00%

Used Auto Loans for Model Years 2005 & 2004 :

Credit scores of 700 and above with terms 0 to 42 months and 0% down payment has a car loan rate is 7.95%
Credit scores between 650 and 699 with terms 0 to 42 months and 10% down payment has a car loan rate is 9.50%
Credit scores of 649 and below with terms 0 to 42 and 15% down payment has a car loan rate is 11.00%

The credit scores applied to determine the auto loan rate are based on information collected by credit bureaus.  Car loan rates and terms a re subject to change.  Additional conditions to obtain the auto loans  and rates will apply.  All car loans subject to credit approval by the bank.

Current auto loan rates and terms as well additional loan information can be obtained by calling the bank directly at (800) 836-3711.

Tags: auto loan rates, auto loan rates New York, auto loans, car loans, new auto loans, used auto loans

This entry was posted on Saturday, October 24th, 2009 at 8:23 am and is filed under Car Loan Rates and Car Loan Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.