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!
START YOUR JOURNEY TODAY FINDOUT MORE
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.
