Flex Buy
Flex Buy is a unique payment plan for
qualified buyers which:
* Allows you to buy the car or truck you
want with features you desire--now
* Complements your current and future
budget
Flex Buy is a 66-month contract and
features two distinct payment schedules:
* The first payment schedule is
36 months. These payments will be
lower than those of a comparable
60-month contract.
* The last payment schedule is
30 months. These payments are higher
than the first 36-month payments. |
You get the comfort of lower initial
payments, and a payment schedule that
aligns with your rising income. Why?
So tomorrow's vehicle aspiration can be
today's reality.
Payment Example
| |
Flex Buy |
|
Amount
Financed* |
First
36
Months |
Next
30
Months |
Average
Flex Buy
Payment |
Comparable
60-Month
Payment |
| $15,000 |
$252 |
$306 |
$276 |
$296 |
| $20,000 |
$336 |
$407 |
$368 |
$395 |
| $25,000 |
$420 |
$509 |
$460 |
$494 |
| $30,000 |
$504 |
$611 |
$553 |
$593 |
|
Assumes an Annual Percentage Rate (APR) of 6.9%.
Figures are rounded to the nearest dollar.
*After 10% down payment | |
Q. How long is a Flex Buy Contract?
A. 66 months.
Q. Will my monthly payments remain
the same?
A. No. Payments will be lower during the
first 36 months and will increase at
month 37.
Q. How much will my payment rise at
month 37?
A. This varies with the vehicle price and the
annual percentage rate (APR) of your
contract. Your payments are calculated
prior to purchase and disclosed on your
contract. See payment example.
Q. Why should I choose Flex Buy?
A. Flex Buy is right for customers who prefer
to own their vehicle, would like to purchase
a more desirable vehicle and expect their
income to increase over time. |
Q. What if I want a new vehicle why my
payments increase?
A. Flex Buy is not a lease. There is no
walk-away option available. As with
any retail installment contract, you may
opt to trade in your vehicle and pay off
your obligation at any time during
the term of your contract.
Q. How do I enroll?
A. Simply visit your local dealer.
˜See dealer for details. Must finance through FMCC, subject to credit approval and insurability. Not all buyers will qualify for FMCC financing. Residency restrictions apply. |
