You have the option to select the term over which you wish to borrow the money. The minimum term is one year and the maximum seven years. There is no difference between the type of loan
In this section, you will be asked to enter information about the motor vehicle or boat being purchased or refinanced, and if applicable, any cash contributions you will make and/or trade-in price of your existing motor vehicle. Input only numbers.
Cost price of vehicle:
Enter the purchase price of the vehicle OR how much you wish to borrow if you have not yet found a vehicle.
Less your cash contribution (if applicable):
Enter the amount of your own money you will use as a deposit on the vehicle.
Less value of your trade-in vehicle (if applicable):
If you have a vehicle you will be trading on the new vehicle, enter the trade-in amount of your existing vehicle.
Plus comprehensive insurance (if applicable):
Comprehensive insurance is required over the security vehicle for the term of the loan. If you wish to borrow the money to pay for the first year's insurance premium, enter the amount here.
If the total loan amount is not displayed, then click on the Calculate button to verify the amount you wish to borrow.