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What are the interest rates?

interest rates
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What are the interest rates?

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The financial institution will determine that when a credit application has been submitted and approved. Rates can vary from 7% to 29.9% and your specific situation and model year of the vehicle will have the largest effect on the rate we can secure for you.TO the CUSTOMER:Credit problems don’t have to hold you back from buying the vehicle you want and need. Even if you’ve declared Bankruptcy, if you’ve been divorced or separated, if you are self employed, if you have bad credit or no credit. If you have a source of income we can obtain approval on a reliable, late model vehicle for you. We will approve you for auto financing and have access to HUNDREDS of late model vehicles of all makes and models. We offer an AUTO SOLUTION and can design a program that will fit your budget and credit.WE GET YOU APPROVED:Once you’ve applied using our easy online loan application, you’ll be assisted by a personal Loan Consultant right through the DELIVERY of your CAR or TRUCK.

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Loans will be at an interest rate of 0% to 4% based upon the property owner’s ability to pay not to exceed a 30-year term. A deferred payment loan (DPL) may be offered to applicants’ 62 years of age or older and/or permanently disabled whose incomes do not permit the repayment of an amortizing loan. Mortgage of said property would be filed as security for the loan.

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Interest rates will be based on your or your cosigner’s credit history and are generally stated as an index, such as Prime or LIBOR, plus a margin.

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The interest rates are extremely attractive & competitive. Rates are calculated on a reducing balance basis, but are quoted at a flat interest rate for easy understanding by customers.

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We offer some of the highest rates in the country*. Please see the rates webpage for further details on current interest rates here. *Source: Bankrate, Inc. Although the information has been obtained from the various institutions themselves, the accuracy cannot be guaranteed.

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