Our SUPER NON-LEASE works like a lease, only better. In reality, it’s a balloon loan, featuring a 24- or 36-month term. When we approve your loan, we’ll determine a ‘residual value’ or what the vehicle is worth once your term is complete. The amount due at the term’s end is equal to its residual value.
Like a lease, at the term’s end you have several options:
• Simply walk away from the vehicle with nothing further owed;
• Pay off or refinance the balloon amount and keep the vehicle; or,
• You can sell the vehicle, pay off the balloon amount, and make a profit.
The major difference?
With our SUPER NON-LEASE, you remain the titled owner, not the leasing company. Sales tax is also paid up front.
For members who prefer a low payment
The SUPER NON-LEASE is ideal if you’re payment sensitive rather than rate driven, and prefer a shorter time commitment than a traditional term loan. You can also finance both new and used vehicles with our SUPER NON-LEASE, as opposed to a lease that is available typically for new cars only.
Call us today at 866.255.1004 to learn more on how this product can fit your lending needs.