CIBC FirstCaribbean International Bank makes car ownership easier

FIRST CAR or upgrade, new or reconditioned, having a car at one’s disposal is a virtual necessity in today’s fastpaced world.

There really is no discounting the convenience of your own wheels to get to work, meet appointments, or attend business and social engagements.

Mindful of this, CIBC FirstCaribbean International Bank has developed a suite of automobile loans to make it easier to purchase a car.

For new vehicles, CIBC FirstCaribbean International Bank 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 100 per cent financing with repayment of up to seven years, subject to terms and conditions.

The bank also offers loan protection insurance with Creditor Life – another major benefit for customers.

The procedure for accessing a CIBC FirstCaribbean International Bank loan is easy once you have the essential documents.

SALARIED EMPLOYEES

Salaried employees will need to produce: copy of driver’s licence and TRN card, last three months’ pay slips, employment and income verification letter from employer addressed to CIBC FirstCaribbean, pro forma invoice from car mart or seller, evidence of your contribution towards the purchase price, copy of last three months’ bank statements and valuation report (for used vehicles).

Documents for selfemployed persons include: copy of driver’s licence and TRN card, financial statements for last three years, copy of last 12 months’ bank statements, pro forma invoice from car mart or seller, evidence of your contribution towards purchase price and valuation report (for used vehicles).

For more information please apply online at cibcfcib.com, call us at 1-800-744-3243 or visit one of our branches.