Automotive Financial Services consumer plan and fee changes
October 1st, 2019
New Consumer Plan | Key Features
- No Risk Grading
- Not Credit Score Driven
- Minimum Rates from 7.47% (2% dial down)
- Between 4% – 5% of NAF Commission
- No Private Sale Rate Load
- No Odometer Reading Rate Load
- No LVR Rate Load < 120%
- Easy to read
- Enhanced Auto-Approve Function
Changes to our Credit Fees & Charges
- Establishment Fee $445
- Credit Search Fee $10.68
- Security Registration Fee $9.50
- Monthly Admin Fee $12
Resubmitted applications from 1st October will be subject to the new Credit Fees, Charges and Rates.
AFS are excited about these changes and looking forward to driving future value and competitive advantage to our Introducer Network.
A keep it SIMPLE focus and One Stop Shop for Consumers.
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For more information contact: