Car Loans

Today’s vehicles are built to last a long time, and many manufacturers offer extended warranties that provide an added incentive to keep your vehicle for years. Consider this: maintaining your vehicle with an eye on long-term ownership, encourages healthy environmental practices such as regular maintenance and mileage conservation.

Choosing a term up to seven years can allow you to buy a more expensive vehicle for the same monthly cost as a lower-priced one. You can use the extra purchasing power to select a model or features that meet your needs for added cargo room, safety or new technology features like hybrid power.

If you aren’t sure which loan amortization period and repayment term is best for you, we’d be happy to help you decide. It’s always best to find a comfortable balance between what you can afford and how quickly you want to own your vehicle. In some cases, restrictions apply based on the age of the vehicle you are considering.

The only requirement is that you pay the interest owing each month. You can pay more at any time without penalty.