The loan that makes it more affordable to get your own wheels
Easier to meet conditions.
- Lower Down Payments
- Extended Term
Requirements
New
- Pro Forma Invoice from car dealer
- Minimum 10% down payment / TrailBlazers – 5%
- Full Comprehensive Insurance
- Term - 5 years / Trailblazers - Up to 6 years
Locally Used *
- Agreement of Sale letter from owner or Invoice from car dealer.
- Up to date certified copy from Licensing Office.
- Minimum 30% Down Payment / TrailBlazers – 20%
- Motor vehicle Insurance
o Full comprehensive
o Full third party (Fire & Theft) is acceptable in certain cases.
- Vehicle must not be more then than ten (10) years old
- Term – 4 years / TrailBlazers - up to 5 years once the age of vehicle does not exceed 4 years
* Financing is available for most models/brands
Roll-On / Roll-Off*
- Invoice from an approved car dealer, registered with the Ministry of Trade & Industry
- Minimum 30% Down Payment TrailBlazers – 20%
- Motor vehicle Insurance**
o Full comprehensive
o Full third party (Fire & Theft) is acceptable in certain cases
- Vehicle must not be more than four (4) years old
- Term – 4 years / TrailBlazers - up to 5 years once the age of vehicle does not exceed 4 years.
* Financing is available for most models/brands
** Certain vehicles are not insurable. Please check with your insurance company/broker prior to choosing your vehicle.
Please note the following special conditions for granting vehicle loans:
- Mortgage Bill of Sale (or Deed of Chattel Mortgage in the case of companies) will be taken over the vehicle
- Motor vehicle Insurance must be assigned, duly noting the bank’s interest
- Motor vehicle appraisal from independent valuator may be required
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