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Auto Loan

What’s the best way to finance that luxury dream car? Come in to COK and apply for a motor vehicle loan. You can drive away with up to 100% financing on motor vehicle loans for 2023 and newer motor vehicles!

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Auto Loan Calculator
$
 

BEST RATES ANYWHERE

Year of Vehicle

Age

% Financing

Terms

Rate

2023

New

100%

Up to 120 months

7.45%

2022

1

100%

Up to 96 months

10%

2020-2021

2-3

100%

Up to 84 months

10%

2018-2019

4-5

100%

Up to 78 months

11.49%

2017

6

100%

Up to 72 months

11.99%

2016

7

95%

Up to 60 months

12.49%

2015

8

70%

Up to 48 months

13.99%

Up to 100% financing available!
*Conditions apply

Job Letter stating salary, position, length of employment; plus, last two months’ pay slips Print Out of savings/current account transactions for at least 6 months OR updated bank book 

  • IF SELF-EMPLOYED: Financials prepared by a Certified Chartered Accountant & stamped Income & Expenditure Statement for the last 2 years
    • Balance Sheet
    • Cash Flow Statement and Cash Flow projections (for at least three years)
    • Credit reference
    • Print out of savings/current account transactions for at least 12 months OR updated Bank Book
  • Tax Registration Number (TRN) Card
  • Valid ID (Driver’s License, Voter’s ID, COK ID); VALID Jamaican Driver’s Licence** Passport size photograph
  • Completed Application Form with contact information of two relatives & two references (non-related)
  • Completed Expense form and Statement of Affairs (to be provided by COK)
  • Recent utility or any other bill in member’s name with current address (Proof of Address)
  • Current Valuation **(done in the last 3 months) – Valuations must include front, back, embodied chassis # on vehicle and VIN plate pictures.

*CONDITIONS APPLY

  • Caribbean Loss Adjustors;
  • Management Security Consultants;
  • Automobile Valuators & Consultants;
  • Auto Assessors Ltd.,
  • Advance Insurance Adjusters,
  • Orion Loss Adjusters,
  • MVA Motors Consultants Ltd.