Can I purchase a vehicle with a value that is lower than the Club value?
Yes. The difference between the car value and the Club value is credited towards your contributions to the group, and you’ll be able to either finish your payments early or reduce your monthly payments proportionally.
Recent blog posts
04-05-22
What is a Consortium?
What is a consortium? According to Investopedia, a consortium is “a group of entities (individuals, companies etc) that collaborate to achieve a common objective.” They do this by pooling their resources together and agreeing to abide by ...
WP Post Author
14-03-22
Used Car Buying Checklist: 20 Essential Items to Check
Buying a car can be fun and exciting! However, deciding what car is right for you is complicated. One of the first things you need to decide is whether you would like to purchase a new or used vehicle. There are pros and cons to both, but ...
WP Post Author
12-03-22
5 Simple Ways to Build Your Credit Score
Buying a vehicle or applying for a loan can be super exciting because it means big things are happening! But the loan process can be confusing, intimidating, and seem impossible. This is especially true if you don’t have a credit score or it ...
WP Post Author
