Best Auto Buys Summer Edition
THE GLEANER, FRIDAY, JUNE 18, 2021 | www.jamaica-gleaner.com | A4 SUMMER AUTO BEST BUYS FEATURE V EHICLES ARE constantly undergoing changes in design and functionality as automakers become more and more creative. Similarly, CIBC FirstCaribbean is supporting the vehicle revolution with a suite of creative solutions for vehicle ownership. For new vehicles, CIBC FirstCaribbean may provide as much as 100 per cent financing with up to eight years to repay, subject to specific terms and conditions. Purchasers of pre-owned vehicles may also access up to 100 per cent financing with repayment over seven years, subject to terms and conditions. The bank also offers loan protection insurance with Creditor Life and affordable auto insurance through ICWI or Massy Insurance – more major benefits for customers. The procedure for accessing a CIBC FirstCaribbean loan is easy once you have the essential documents. SALARIED EMPLOYEES WILL NEED TO PRODUCE: • a copy of driver’s licence and TRN card; • the last three months’ pay slips; • an employment and income verification letter from their employer addressed to CIBC FirstCaribbean; • a pro forma invoice from car mart or seller; • evidence of their contribution towards the purchase price, if applicable; • last three months’ bank statements or online printout and a valuation report (for pre-owned/used vehicles). DOCUMENTS FOR SELF-EMPLOYED PERSONS INCLUDE: • a copy of driver’s licence and TRN card; • financial statements or in-house financials for the last two years and/or two years of filed tax summary; • last 12 months’ bank statements or online printout; • a pro forma invoice from car mart or seller; • evidence of their contribution towards purchase price, if applicable; and • a valuation report (for pre-owned/used vehicles). For more information on CIBC FirstCaribbean car loans, please call us at 1-800-743-2257 or visit www.cibcfcib.com .
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