| We do not finance vehicles from non-franchise dealers or state-to-state purchases. Collateral Restrictions
Vehicles of the following types will not be financed:
- Designed and/or used for commercial purposes
- Owned by a foreign government’s consulate or embassy
- Salvaged
- Lemon law buy-back
- Gray market
- Classic vehicles (models over twenty years old and designated classic by the automobile valuation companies)
- Modified vehicles (modified by owners subsequent to purchase, outside of original specifications, and retrofitted vehicles e.g., replacing the original engine with an engine from another model and/or year.)
- Jet skis or off-road / ATV vehicles
Age of Collateral
The maximum age of the collateral is 20 years for autos and trucks and 6 years for recreational vehicles, travel trailers, motorcycles and boats.
|