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TruDrive Auto Loan

The Best Choice in New and Pre-Owned Vehicle Financing

 

What is an FD TruDrive Auto Loan:

An FD TruDrive Auto Loan is a unique vehicle financing option that blends elements of both a lease and a traditional auto loan. Its primary advantage is providing low monthly payments while allowing buyers to finance a car for the exact term they plan on owning it.

Here's how it works:

  • Residual-Based Financing: TruDrive uses a residual value, which means the loan payment is lower than a conventional loan. The buyer only pays for the portion of the vehicle's value they expect to use during their ownership period, which keeps monthly payments low.
  • Low Monthly Payments: This structure allows buyers to afford a higher-end vehicle or a more expensive model than they might be able to with traditional financing.
  • Eligible Vehicles: The loan applies to both new and pre-owned cars, including vehicles up to five years old.
  • Loan Term: You can finance the vehicle for up to 72 months, but you only pay for the time you plan to keep the car.

In short, FD TruDrive Auto Loan is designed to give you the flexibility of a lease (low monthly payments) while maintaining the ownership benefits of a conventional auto loan.

Key Benefits:

  • Typically, 25 – 40% lower payments vs. conventional financing 
  • Flexible end of term options that include Refinancing, Resale, Trade In or return the vehicle at Loan Maturity and simply “Walk-away” 
  • Maintain vehicle ownership vs leasing options.
  • No higher insurance premium 
  • No early termination fees 
  • Annual mileage options of 7,500, 10,000, 12,000, 15,000 & 18,000 available 

Want to find out how low your TruDrive payment could be?

Use the calculator below where you can build your car from the comfort of your own home.

 

For more information about the TruDrive Auto Loan call or visit us today!

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