What is Savings Club - Savings Club
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ONLINE CAR LOAN CLUB

What is Savings Club?

Patience is power, so plan to buy your next vehicle to stay out of debt.

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The standard way to buy a car is through a dealership loan

These predatory loans can leave you in financial debt paying well over

Buying a car impulsively is an easy way to be on the fast track to debt.

If you have a low credit score and really need the money, you can get hit with some of the worst rates

Dealers charge up to 20% APR on car loans
Dealers charge up to 20% APR on car loans

This means you’ll end up

Paying over $55,000 over a long duration!

These high rates can easily cost you over $25,000 on a $30,000 loan

A savings club lets you decide how to pay

Using a traditional loan to buy a car gives banks and dealers the power to bargain with your money.

A savings club lets you decide how to pay

Take control of your finances by joining a savings club that gives you the power to state your own payment terms.

Whether you need a new way to buy a car or need a way to make some money on the side, savings.club is the place for you

We’ll help you hold on to your money while getting you the car you want.

Take control

Don’t be a victim of the system.

Beat it by using savings.club to plan your next car purchase.

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Save by Joining a Club

Create a club that’s perfect for your plan to purchase a car. Any value. Any term. Any car.

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Save by Joining a Club

Want to know how savings.club can help you plan and save for a new car?

Suppose Timmy and Sally both want to purchase a new vehicle

Want to know how savings.club can help you plan and save for a new car?

Timmy chooses to use traditional loans to finance his purchase.

Timmy will be forced to choose a standardized financing plan after making a sizable down payment.

Timmy chooses to use traditional loans to finance his purchase.

All of the extra hidden fees and high interest rates will also force Timmy to prioritize paying off debt.

He’ll probably even end up settling to buy a car he doesn’t like to save some money so that he can pay the bank back.

At the end of it all, Timmy will be forced to sign off on the dealership’s terms.

All of the extra hidden fees and high interest rates will also force Timmy to prioritize paying off debt.

By doing this, he’s forfeiting any financing powers he would have buying a car with his own money.

Icon Close When you use a bank to get a loan, you always lose. Icon Down Timmy may get his car quickly, but he won’t end up with the car he wants and he’ll pay much more than he intended.

Meanwhile, Sally is savvy and innovative by joining a savings club.

With savings.club, Sally will save thousands with others in her club.

Meanwhile, Sally is savvy and innovative by joining a savings club.

Not only that, but since she joined a group that saves money in a common fund, she can get a loan from her club instead of a bank.

Club loans don’t have hidden fees, and the fund builds quickly as members make payments.

All of the extra hidden fees and high interest rates will also force Timmy to prioritize paying off debt.

Sally will save tens of thousands in payments that would usually be spent on hiked loans.

Circle If Sally has good credit, she can get her car in a matter of months by boosting her savings score within the club. Cifra Even though Sally needs to wait for a voucher to purchase her car, she’ll be driving the car she wants, for a price she can afford.
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How can savings.club charge such low rates?

Since you only pay a car payment and admin. fees, the cost for membership is low.

Each club member puts money into a common fund as monthly payments are made.

All of the extra hidden fees and high interest rates will also force Timmy to prioritize paying off debt.

As you continue to pay, you’ll become eligible to earn a voucher to buy a vehicle from any dealership.

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savings.club

What is a common fund?

A common fund is a shared account in which members’ payments will be stored. We pull money from it to award vouchers for car purchases.

With savings.club, you save thousands by partnering with other aspiring car owners and planning to pay for your new car.

Save and track your progress in the group. It’s all done in our one-of-a-kind savings.club app.

Easy and Affordable!

A savings club only needs payment for operation expenses, so we charge a small administration fee with each transaction.

All of the extra hidden fees and high interest rates will also force Timmy to prioritize paying off debt.
Since your fees are up 80% cheaper than traditional financing

You won’t have to pay very much

Administration fees help our team hold you and other club members accountable for payment responsibilities.

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What’s a credit voucher and when do I get mine?

A credit voucher is similar to a pre-approved loan. When you arrive to a dealer, you can leave with a vehicle with no down-payment needed!

Unlike a standard loan, the value of this voucher comes from your club's common fund.

Since you aren’t borrowing from the bank or the dealership, you don’t have to deal with the fees and interest rates they make borrowers pay.

This is why savings.club will always be the most affordable way to buy your next vehicle

All of the extra hidden fees and high interest rates will also force Timmy to prioritize paying off debt.

You earn your voucher based on your savings score, so keep track to gauge when you’ll be able to get your new car

Check Making an extra payment or paying early are both ways that you can boost your score. Check Bringing friends into a club can also net you even more savings!
Join our club today

Join our club today

Our payment plans have low EAPR, you and other club members can reap the benefit of saving money together.

Join to Build a Savings Score

Ready to buy your favorite car? Don’t waste any more time trying to find a deal at a car dealership.

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Join to Build a Savings Score

Be part of something better
with savings.club

Smart funding for smart people

Our simulator tool allows you to see each of our clubs in detail

the best one for you
Bel

You can choose using our simulator tool

Arrow
join the best club for you

Once you’re all signed up, it’s activation time.

Circle

You’ll get a series of e-mails with instructions on how to confirm your account.

Curve
Cell

Join to Build a Savings Score

There’s over a 60% chance that you can get your car early when you join savings.club!

If you make extra or early payments, you can easily accelerate your voucher award.

Even submitting a credit check or referring a friend can help you boost your savings score.

Research the car you want then enter your personal financing information.

With clubs ranging from $5k to $135k, any car can be yours.

We’ll also test your bank account during this stage to verify your account.

Scores determines when you’ll get your voucher. Aim high to get your car as early as possible.

Our simulator tool allows you to see each of our clubs in detail

the best one for you
Bell

You can choose using our simulator tool

Curve

Simulating a membership offer

Research the car you want then enter your personal financing information.

join the best club for you

Signing up to join the best club for you

With clubs ranging from $5k to $135k, any car can be yours.

Once you’re all signed up, it’s activation time.

Circle

You’ll get a series of e-mails with instructions on how to confirm your account.

Curve
Cell Phone

Activating your account to confirm membership

We’ll also test your bank account during this stage to verify your account.

Join to Build a Savings Score

There’s over a 60% chance that you can get your car early when you join savings.club!

If you make extra or early payments, you can easily accelerate your voucher award.

Even submitting a credit check or referring a friend can help you boost your savings score.

Boosting your savings score to get ahead

Scores determines when you’ll get your voucher. Aim high to get your car as early as possible.

Everyone wins at savings.club

Everyone wins at savings.club

All you have to do is plan for success by committing to an affordable payment plan for your new vehicle.

It’s easy, affordable, and lets you keep your financial freedom.
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savings.club offers 24/7 auditing tools for each member.

savings.club offers 24/7 auditing tools for each member.

This means that at the crack of dawn or the dark of night, you can check the common fund for your club.

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Join our club today to see just how easy tracking your money can be.

Get crucial insight on

Totals

Totals

See how much money is stored in the common fund.

Withdrawals

Withdrawals

Check the movement of cash. See dates, amounts and transfers.

Deposits

Deposits

See when money has been added to stay updated on fund totals.

Learn more about our incentives and rewards by signing up to join today!

You can boost your savings score by

Invite Friends
Invite friends

Invite friends to savings.club and earn $100 dollars towards your new car.

Pay on time
Pay on time

Keep all your payments up to date and grow your score to speed up the time it takes to get your car.

Additional Payments
Make extra payments

Extra spending money left at the end of the month? Make additional payments.

Credit Score
Re-check credit history

Every 3 months you can perform a credit analysis to increase your savings score.

How do we calculate your savings score?

Your savings score is the key to getting your car.

How do we calculate your savings score?

The higher it is, the more likely it is that you’ll be next in line to pick out a car.

Not paying or paying late will taint your score, making it lower.

You’ll be driving your dream car in no time!

Score

You earn your voucher based on your savings score, so keep track to gauge when you’ll be able to get your new car

Check Green Making an extra payment or paying early are both ways that you can boost your score. Check Green Bringing friends into a club can also net you even more savings!

Savings clubs are already a hit around the globe!

Several countries have embraced the cost-effective way to buy vehicles.

South Africa

South Africa

South Korea

South Korea

Scotland

Scotland

Mexico

Mexico

Japan

Japan

Brazil

Brazil

In Brazil, consortiums account for almost 1/3 of all car sales in the country.

Over 33% of car sales are made possible through consortiums or savings clubs.

It’s become such a trusted purchasing method that even homes for sale in the country can be bought this way.

We’ve studied the success of similar clubs across the world and are finally bringing this well-established system to the states!

What are you waiting for?

Start saving by joining our savings club today. You’ll save so much money that you won’t know what to do with it!

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A New Way to Purchase Cars

Savings clubs offer an affordable way to purchase vehicles

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Now that you know savings.club is an affordable alternative to buying a car, all you have to do is join.

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Since you can always sell your membership after a voucher has been awarded, it’s easy to multiply your club investment.

Once you’ve exchanged a voucher, we can refer you to our partners for rate adjustments IF you wish to rework your payment plan.

Planning to wait a few months for your new car will save you thousands

Planning to wait a few months for your new car will save you thousands

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savings.club is the only place that offers vehicle purchases with:

No Interest Rates

No Interest Rates

No Credit Check

No Credit Check

No Hidden Fees

No Hidden Fees

No SSN required

No SSN required

No Originaton Fees

No Originaton Fees

No Down Payments

No Down Payments

Whether you need a new car or a viable investment option, a savings club is great.

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Builds credit history

Low monthly car payments

The option to sell your club membership for profit

Builds credit history

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Frequently Asked
Questions

We ask for your Social Security Number as a part of an authorization request to conduct a credit check. This is optional and you can still fully participate in a club without a credit check or providing a Social Security Number.

With traditional loans, APR is an annual rate calculated based on fees you pay to secure the loan. Here at savings.club we use EAPR (Equivalent Annual Percent Rate) where you only pay for your vehicle and administrative fees. Our administration fees are used to keep up savings.club's infrastructure and EAPR means no compounding interest, ever.

With savings.club, you only pay what you need to. All of the hidden fees and costs you pay with traditional loans aren’t a factor in our pricing. You’ll only ever pay for your car and administration fees so that we can properly run your club.

You can pick out a car from any dealership once you’ve received a credit voucher. Your eligibility for a voucher is dependent on your savings score. You can increase your score the more you make on time payments. The higher it is, the sooner you can receive your voucher and buy a car. The voucher works just like cash, so you can drive off the lot with your car once you decide which one is best for you.

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