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

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

With no deposit and no prepayment charges, our Flex car finance is made to help you to get the automobile you prefer with financing options that work for your needs.

What’s The Flex Car Finance?

Our Flex car finance is similar to a rent, except which you actually possess the automobile. At the end of one’s funding term, it is possible to wthhold the vehicle by spending the balance that is remaining fund the total amount during the present utilized prices. You can also just return 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 yrs. Old). Financing options can be found from 24 to 72 months, offering re re re payments as much as 40per cent less than main-stream funding. The following is a good example:

Mainstream Loan Flex Loan
Loan Amount $30,000 $30,000
Loan Term three years 3 years
guaranteed in full Future Value (GFV) n/a $16,500
monthly premiums $869.00 $464.80*

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

At any right time throughout your loan term you can easily:

  • Offer the automobile, spend the loan balance (including value that is residual and keep any difference.
  • Make use of the car as being a trade-in, and also the loan stability (including recurring value) is compensated included in the deal.
  • Keep consitently the car and refinance the loan stability (including value that is residual as an utilized automobile loan.

At loan readiness, there is the choice to return the automobile and walk far from the value that is residual.

Why should a Flex is got by me Loan?

With all the Flex car loan, you prefer:

  • No deposit and no prepayment charges
  • Reduced monthly premiums than old-fashioned loans
  • Ownership advantages and funding options since the automobile is en en en titled in your title

Willing to get going?

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1 cars are going to be came back to a merchant chosen by Cinfed. Disclaimer: (1) Rates shown are for illustrative purposes only that can differ because of credit that is individual and/or loan term. (2) re re Payments shown can vary greatly from the payment that is final by credit union loan agent.

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