Program Guidelines

• Eligible Vehicles
• New, used, salvage titles, previous theft, and rebuilt vehicles are acceptable. Current model year and previous 14 years are acceptable.
• Mileage
• No N.A.D.A deductions on high mileage vehicles (eligibility up to 199,999 miles)
• N.A.D.A adds for low mileage vehicles
• Income
• NO MINIMUM INCOME REQUIREMENT
• Social Security, government assistance, and unemployment are acceptable sources of income
• 2 weeks of current income, required for funding
• Self-employed buyers (Please contact our loan department for acceptable documentation)
• Down Payment
• Required down payment 10% of the Total Selling Price includes Warranty and Documentation Fee (20% is recommended)
• Minimum Weekly Payment
• $45.00 minimum weekly payment
• Loan Term
• 156 weeks maximum
• APR
• Variable from state to state, starting at 17.79%
• N.A.D.A. Advance
• Up to 75% of N.A.D.A. Loan Value
• Amount Financed
• Maximum amount financed is $10,000.00
• Documentation Fee
• Variable from state to state
• Employment
• Two (2) weeks of current employment
• Weekly Payment Terms
• Automatic weekly withdrawal from either Checking or Statement Savings (NO PASS BOOK ACCOUNTS ACCEPTED)   (THIS IS ELECTIVE IN NEW HAMPSHIRE)
• Ineligible Vehicles
• Exotic and commercial vehicles are unacceptable
• Driver's License
• Must provide a valid drivers license in the state in which the vehicle is registered
• Residence
• Telephone bill or utility bill dated less than 30 days from contract date
• Co-Borrower Requirements
• Co-Borrower must be listed on the Contract, Purchase Order, Agreement to Provide Insurance, references, and must sign all documentation for funding
• Co-Borrower must fill out separate Credit Application
• Sign Notice to Co-Buyer form