Co-op Bank is now offering financing on Pre-Owned Cars.
Co-operative Bank will fund you up to 100% to buy a pre-owned motor vehicle of your choice.
Anyone with an income can walk into a second-hand car dealership, select the vehicle that best suits them, and get financing from Co-operative Bank. It’s that simple.
The loan will enable you to purchase a private vehicle that is pre-owned
The car has to be a maximum of 8 years old
Loan interest at 13%
Fees applicable include Appraisal/Negotiation fees, Insurance fees, Motor Vehicle Valuation and Tracking fees
Repayment period of between 60 months to 96 months.
The vehicle being purchased acts as the Security.
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