Motor Vehicles may be purchased from a dealership, auto sales/mart or an individual.

Purchasing From A Used Car Dealership or From an Individual

• Invoice or Sale Agreement
• Previous owner copy ID
• Evaluation Report
• Advance Insurance Adjusters
• Auto Assessors Associates Ltd
• Lloyd’s Motor Insurance Adjusters
• Mendez Livingston Incorporated Ltd
• MSC McKay (Ja) Ltd
• Orion Loss Adjusters & Valuation Ltd
• Priority Loss Adjusters Ltd
• Smiles Loss Adjusters Limited
• Copy Fitness, Registration, Certificate of Title
• For vehicles sold on behalf of an individual and sold by a Used Car Dealer a letter giving car dealer permission to sell vehicle on owner’s behalf, or letter indicating previous owner has no interest in the vehicle.
• If Imported a C87/Import Entry

Purchasing From An Individual Who Has A Lien/Loan On The Vehicle

In addition to the above documents:

• Statement from Financial Institution a Statement must be stamped and signed

Purchasing From the Dealership (New Vehicle a New to One Year)

• Invoice
• C87/Import Entry
• Copy Fitness

The Member

• Last two months pay slips
• Driver?s License ID

Loan Insurance

• Copy Birth Paper or Passport (For Loan Insurance)

OR

• Assignment of existing insurance (must have creditor life clause)

Other Conditions

• Credit Report will be generated. The CU may require statements from other financial institutions seen on the Credit Report that are not closed or removed from the Credit Report.
• JDF Members with less than one-year ROD and over 18 years of service will be required to sign a pension letter. This letter only takes effect whenever the member retires from JDF. The monthly loan repayment/obligation will be deducted from their pension.

Motor Vehicle Loan Repayment Schedule