PROGRAM |
TERMS AND CONDITIONS |
PREMIUM USED VEHICLES (1 YEAR-OLD UP TO 5 YEARS-OLD)
(Minimum amount $8,000) |
- 75% vehicle price (25% down payment)
- 60 month term
- Interest rate in US dollars (PRIME + 4.5%) 12,75%
- Interest rate in colones (basic rate + 14.75%) 22%
- Funding fee 3.5%
- Collective policy with the following coverages: A, C, D, F, H
- Policy on debit balances in favor of the client |
USED VEHICLES (1 YEAR-OLD UP TO 5 YEARS-OLD) |
- 75% vehicle price (25% down payment)
- 60 month term
- Interest rate in US dollars (PRIME + 5.75%) 14%
- Interest rate in colones (basic rate + 20.25%) 27.5%
- Funding fee 3.5%
- Collective policy with the following coverages: A, C, D, F, H
- Policy on debit balances in favor of the client |
USED VEHICLES (6 YEARS-OLD UP TO 8 YEARS-OLD) |
- 70% vehicle price (30% down payment)
- 60 month term
- Interest rate in US dollars (PRIME + 7.25%) 15.5%
- Interest rate in colones (basic rate + 22.75%) 30%
- Funding fee 4%
- Collective policy with the following coverages: A, C, D, F, H
- Policy on debit balances in favor of the client |
USED VEHICLES (6 YEARS-OLD UP TO 8 YEARS-OLD) |
- 60% vehicle price (40% down payment)
- 48 month term
- Interest rate in US dollars (PRIME + 7.25%) 15.5%
- Interest rate in colones (basic rate + 25.75%) 33%
- Funding fee 4%
- Collective policy with the following coverages: A, C, D, F, H
- Policy on debit balances in favor of the client |