Terms and Conditions
TERMS AND CONDITIONS
We truly have some of the lowest if not lowest down payments around for the type of vehicles we carry. Many people ask if our down payments are for real and the answer is most definitely yes and we have the statistics to prove it. We don’t just have a few vehicles for 99 down but a big selection and most the vehicles on our lot are under 399. We believe in honest advertising so if you are approved for financing then all you put down is what we are asking on the vehicle. We will not ask for an extra amount to pay for “tax and title”. What is advertised on the vehicle is what you put down.
We also offer down payment assistance on down payments over 500 in the form of a pick up payment. What this means is if we are asking $699 down and you only have $500 we may be able to spread out the remaining 200 over a months time.
If we cannot get you approved then a higher down payment or a co-signer may help in a approval for a loan. However, if you are approved then you just put down what is listed for that vehicle and you can always put more down if you like and many people like to since they are going to pay for it anyways and it can either lower the payment or lessen the term of the loan.
PROMOTIONS OR SALES
We run promotions from time to time and lower the down payments even more than they currently are. We will always have low down payments but there are times where we might lower them even more during a promotion.
TERMS AND CONDITIONS
PRICE, INTEREST RATE AND PAYMENTS
We offer vehicles for sale that range anywhere from $8995 up to $18995. This gives you a large range of vehicles to choose from. The majority of our vehicles fall right between $12,995 and $14,995 with an average selling price of around $13,495.
We believe in full disclosure and no deception. An educated consumer is a smart consumer and we also believe that not hiding anything is good and ethical business.
Below is a typical loan example which includes the selling prices, fees, down payments and payments associated with purchasing and financing a vehicle.
$13,495 plus TAVT and Doc Fee and Title/Tag Fees
175 bi weekly for 4 years.
Doc Fee and TAVT and Title Fee are common charges that are added to the overall price of the loan and we will finance it for you.
What is TAVT?
TAVT stands for title ad valorem tax. TAVT replaced the yearly ad valorem fee in Georgia in 2013. If you ever bought a vehicle in the past you remember you had to pay a fee each year to renew your tag. This is not required anymore. You pay it upfront one time and that is it. This is a fee that the customer is responsible for that pays the “Automobile Tax” on your vehicle. This is required to be paid anytime somebody purchases a vehicle. We will finance this charge for you so you do not have to pay it. We will pay it for you and the down payment you put down does help us pay it but we have to come out of pocket ourselves to pay it for you. TAVT ranges depending on the value of the vehicle.
“Motor vehicles purchased on or after March 1, 2013 and titled in this state are exempt from sales and use tax and annual ad valorem tax, also known as the "birthday tax". These taxes are replaced by a one-time tax that is imposed on the fair market value of the vehicle called the title ad valorem tax fee ("TAVT").”
What is DOC Fee?
Doc or document fee is a charge that dealers charge to help pay some of the expenses associated with selling a vehicle. This is a pretty common fee and can vary widely depending on the dealership. We will also add this to the price of the loan for you so you don’t have to come out of pocket up front to pay for it.
What is Title and Tag Fees?
Each vehicle you buy from us we add a fee of $89.00 to help pay the expenses associated with transferring your title and doing your title work for you. It is a very complicated process when you buy a vehicle. The title must be registered in your name with us as a lien holder. We must then also add ourselves as a lien. Most of this is done electronically now and there are fees from both the State and from the company that handles the transactions to make this all possible so you can get your tag. We handle all this for you so you don’t have to do it yourself.
So to recap. The first step is to qualify for financing for the purchase price of the vehicle plus title, tavt, and doc fee. If you are approved then you pick out the vehicle you want to purchase and finance and put down the recommended down payment we have listed for that vehicle.
If we cannot get you approved or you are higher risk then a larger down payment or a co-signer may be required for approval. We look at many different factors when considering an approval such as credit, income and stability.
By doing market research we truly have some of the lowest down payments around if not the lowest for the type of vehicles we carry and the type of financing that we do. It is very tough for people with problem credit to put such a low down payment down but that is what sets us apart. We believe in making down payments extremely affordable even for individuals with credit problems.
If you do not qualify for financing then we can give you the reasons why so you can correct them and come back at a later date or we may be able to get you approved with a higher down payment or a co-signer.
If you have any questions please feel free to contact us.
831 Cobb Pkwy N Marietta, GA 30062