Flex Car Loan. With no advance payment and no prepayment charges…

Flex Car Loan. With no advance payment and no prepayment charges…

With no advance payment and no prepayment penalties, our Flex car finance was designed to help you to get the vehicle you desire with financing options that work for your needs.

What’s The Flex Car Loan?

Our Flex car loan is much like a rent, except you actually have the automobile. At the conclusion of your funding term, it is possible to wthhold the vehicle by spending the staying stability or fund the total amount during the present utilized prices. You can also merely get back the automobile. 1

How exactly does the Flex Loan Program work?

The Flex Loan Program can be acquired for brand new and utilized cars (up to five model years old). Funding options can be found from 24 to 72 months, offering re payments as much as 40% less than main-stream funding. The following is an illustration:

Mainstream Loan Flex Loan
Loan Amount $30,000 $30,000
Loan Term three years 36 months
fully guaranteed Future Value (GFV) n/a $16,500
monthly premiums $869.00 $464.80*

*Payments 1-35 are $464.80 by having a payment that is 36th of16,500 (GFV). 45 times to very first repayment. According to a 3.99per cent apr. Disclaimer: (1) Rates shown are for illustrative purposes just and can even differ because of specific credit worthiness and/or loan term. (2) re re Payments shown can vary greatly through the last repayment supplied by credit union loan agent.

At any time throughout your loan term you are able to:

  • Offer the automobile, spend the loan balance (including value that is residual and keep any huge difference.
  • Utilize the automobile as being a trade-in, and also the loan stability (including recurring value) is compensated within the deal.
  • Keep consitently the automobile and refinance the loan balance (including recurring value) as a utilized automobile loan.

At loan readiness, there is the solution to get back the car and walk away from the value that is residual. Continuar leyendo «Flex Car Loan. With no advance payment and no prepayment charges…»