- Loan-to-Value not greater than 110% of Kelley Blue Book (KBB) Retail value. Multiply the KBB Retail value by 1.10 (or 110%). The final sale price you negotiate with the dealer cannot exceed this value.
- If the requested term is less than or equal to 60 months, vehicle must be model year 2007 or later. If the requested loan term is greater than 60 months, vehicle must be model year 2009 or later.
- Mileage cannot exceed 90,000 miles.
- May not be used at a BMW or MINI Dealership.
- No Purchases from private sellers - FRANCHISED DEALERSHIPS ONLY!
- No purchase of auto leases.
- You may only purchase one vehicle with this drive check™.
- No vehicles manufactured by Suzuki, recreational vehicles, ATVs, jet skis, boats, mobile homes, motor homes, camper vans, trailers, conversion vans, commercial vehicles, business vehicles, leased vehicles, amphibious vehicles, armored vehicles, motorcycles, limousines, taxis, tow trucks, tractors, dump trucks, freight liners, farm equipment, kit cars, branded/junk/salvage/rebuilt title vehicles, grey market vehicles, lemon law vehicles, converted engine vehicles, three-wheeled vehicles, vehicles that do not have a Vehicle Identification Number (VIN) or title issued, repossessed vehicles, vehicles sold through brokers/auction houses, vehicles sold through independent dealers (non-franchised), vehicles sold to members of the same family/same address and vehicles being sold by a business.
- No powers-of-attorney on Franchised Dealership vehicle purchases.
- No cash back to borrowers on Franchised Dealership vehicle purchases.
|