|New / Used||Term||Premium Rate*||Annual|
per $1000 Borrowed
*Based on a minimum credit score of 740 and subject to Wayne Bank’s credit policy. **Some restrictions apply. Minimum & maximum amounts may apply. Additional information such as terms, restrictions, fees & closing costs available.
Annual Percentage Rates are effective as of January 29, 2014, and are subject to change without notice.
Final rate and APR will be determined based on review of credit application.
Rates and APRs for 60 month new vehicle loans range from a rate of 7.25% with an APR of 7.41% as disclosed above to 11.00% with an APR of 11.17% and a monthly payment of $21.74 per $1,000 borrowed.
Rates and APRs for 48 month used vehicle loans range from a rate of 7.75% with an APR of 8.26% as disclosed above to 11.50% with an APR of 12.02% and a monthly payment of $26.09 per $1,000 borrowed.
Annual Percentage Rate calculations include a $100 loan documentation fee and are based on $25,000 loan for new vehicle and $10,000 loan for used vehicle.
10% down payment required. $3,500 minimum loan required for 60 month financing. Restrictions may apply.
Motorcycle rates above offer a .25% reduction with Auto Draft.
Please contact any local community office for additional information.