The periodic charge, expressed as a percentage, for the use of credit.
The length of time that it will take to repay the loan. Typical loan terms are 12, 24, 36, 48 or 60 months. Other terms may be available. Term length has a larger impact on the monthly payment and the final amount repaid than interest rates.
The up-front cash payment that the buyer makes to reduce the amount borrowed to purchase a car; the difference between the loan amount and the purchase price. A trade-in allowance and/or rebate also may be used as down payment. The down payment helps protect the bank, credit union or finance company in case the borrower defaults on the loan. A typical down payment is about 20 percent of the vehicle's sale price.
Vehicle Registration Fee
A fee charged by the state to legally register the vehicle in that state. Some states charge a flat fee, while others base it on the specific vehicle registered. Also called a licensing fee.
Competitive terms of up to 84 months
up to 80% financing
Simple & quick application process
On the spot approvals
We work with major finance institutions and specialized lending sources for the purchase of special cars by enthusiasts.
- We provide insurance that are specially tailored to individual needs.