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As Easy As It Gets
Buy the pre-owned car of your choice and enjoy a convenient and hassle-free installment plan.
 
We are pleased to assist you with any inquiry. Just fill the form below and we will contact you soon.
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What do I need?

  • Copy of ID
  • Driving License
  • Proof of Income
  • Proof of Residence

Categories

Public Sectors
  • Currency: USD
  • Minimum Down Payment:
    • 25% for 2010 models and above
    • 30% for 2009 models and below
  • Insurance Plan:
    • All Risk or Total Loss depending on car model
    • (USD 0 franchise available for all cars)
    • Free Obligatory Insurance (USD 50) for the first year
    • Free life insurance over the period of the loan
  • Approved Brands:
    • 2004, 2005 and 2006 models (Mercedes and BMW)
    • 2007 and above (All brands)
  • Interest Rate: 5.5%
  • Loan Period:
    • 2004 to 2006 models: up to 4 years
    • 2007 and above models: up to 5 years
  • File fees: No File Fees
Used Cars (7 years old)
  • Currency: USD
  • Minimum Down Payment: Starting at 25%
  • Interest Rate: 6.50%
  • Loan Period: Up tp 5 years
  • Car Model: 2010 and Newer
  • Car Insurance:
    • All Risk Insurance
    • (USD 0 franchise available for all cars)
  • Obligatory Insurance: Free Obligatory Insurance (USD 50) for the first year
  • Life Insurance: Free life insurance over the period of the loan
Used Cars from 2007 to 2009 - All models
  • Currency: USD
  • Minimum Down Payment: 30% and Above
  • Interest Rate: 6.75%
  • Loan Period: Up tp 5 years
  • Car Model: 2007-2009
  • Car Insurance:
    • Total Loss Insurance or All Risk Insurance
    • (USD 0 franchise available for all cars)
  • Obligatory Insurance: Free Obligatory Insurance (USD 50) for the first year
  • Life Insurance: Free life insurance over the period of the loan
Used Cars from 2004 to 2006 - (BMW and Mercedes)
  • Currency: USD
  • Minimum Down Payment: 30% and Above
  • Interest Rate: 6.75%
  • Loan Period: Up tp 4 years
  • Car Model: 2004-2006
  • Car Insurance: Total Loss Insurance
  • Obligatory Insurance: Free Obligatory Insurance (USD 50) for the first year
  • Life Insurance: Free life insurance over the period of the loan

What is the Annual Percentage Rate (APR)?
The Annual Percentage Rate also known as APR describes the annual rate applied on a loan for the whole period.

APR calculation includes, other than the monthly payments, all mandatory fees that clients need to pay such as the file fees, stamp fees and life insurance fees.

APR calculation excludes the late payment fees and early settlement fees.
What are the fees that are calculated in the APR for the Car Loan?
File fees, stamp fees and mortgage fees (car insurance fees not included)

Example of the APR calculation for the Car Loan:
  • Currency: USD
  • Car status: New

Car price Down payment Period (years) Rate (flat) APR
USD 30,000 USD 7,500 5 6.50% 13.53%

(Excluding car insurance fees)

Goes Well With Your Loan

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