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Financing Options

Financing options at Atlas Motors can provide customers with flexible ways to purchase vehicles. Here are the full details on financing options typically offered by Atlas Motors:
- Atlas Motors collaborates with various financial institutions, including all local financial institutions
- Customers can apply for auto loans through these institutions to finance the purchase of a vehicle.
- The terms and conditions of bank financing, including interest rates and down payment requirements, may vary based on the individual's creditworthiness and the specific lending institution.
1. Bank Financing
- Atlas Motors has a preferred financing partner in NCB.
- NCB is known for its speed and flexibility in providing auto financing solutions.
- The partnership may offer special benefits, such as quicker processing and more flexible terms.
2. NCB Partnership
- In some cases, customers may be eligible for up to 100% financing on select vehicles.
- This means that they can finance the entire cost of the vehicle without making a down payment.
- Eligibility for 100% financing depends on factors such as creditworthiness and the specific vehicle being purchased.
3. Up to 100% Financing
- The down payment required for financing depends on several factors, including the price of the vehicle and the chosen financing option.
- Atlas Motors' financing team can provide specific information on the minimum down payment required for a particular vehicle and financing plan.
4. Minimum Down Payment
- Atlas Motors offers pre-financing options for customers who provide documents such as a job letter and three months' payslips.
- Pre-financing can help customers assess their eligibility for a loan before selecting a vehicle.
5. Pre-Financing
- Atlas Motors may provide in-house financing options.
- In-house financing typically requires a deposit, proof of address, identification, proof of income, and bank statements.
- The specific terms and requirements for in-house financing may vary.
6. In-House Financing
- Interest rates and loan terms may vary based on the financing option selected and the customer's creditworthiness.
- Customers can discuss interest rates and loan terms with the financing team to find the best fit for their budget.
7. Interest Rates and Loan Terms
- Atlas Motors may offer special interest rates, such as the mentioned 9.85% rate in partnership with NCB.
- These special rates can provide cost savings for customers.
8. Special Interest Rates
- The loan repayment period for financing options can vary.
- For example, the repayment time for 100% financing may be five years, while in-house financing may have a maximum repayment period of 18 months.
9. Loan Repayment Period

In-House Financing Details

It’s important to note that Car Financing options and terms can change over time, and eligibility is subject to credit approval. Therefore, customers interested in financing a vehicle with Atlas Motors should contact their financing team for the most up-to-date information and personalized assistance tailored to their specific needs and circumstances. 

Certainly, in-house financing, also known as “buy here, pay here” financing, is a financing option provided directly by Atlas Motors to customers for purchasing vehicles. Here are the full details on in-house financing typically offered by Atlas Motors: 

Financing Calculator

- In-house financing often requires customers to make a deposit, which is an upfront payment toward the total cost of the vehicle.
- The deposit amount can vary but is typically a percentage of the vehicle's purchase price.
1. Deposit Requirement
- Unlike some other financing options, in-house financing may have more flexible credit requirements.
- It may be accessible to customers with varying credit profiles, including those with less-than-perfect credit.
2. Credit Check
- Customers applying for in-house financing will typically need to provide certain documentation, including:
- Proof of address (e.g., utility bill or lease agreement)
- Identification (e.g., driver's license or passport)
- Proof of income (e.g., pay stubs or bank statements)
3. Required Documentation
- The loan terms for in-house financing are typically shorter than traditional bank loans.
- Loan terms may range from several months to a few years, depending on the specific
4. Loan Terms
- In-house financing may have higher interest rates compared to bank financing.
- The interest rate can vary and is often influenced by factors such as the customer's creditworthiness and the vehicle's price.
5. Interest Rates
- In-house financing often involves more frequent payment schedules, such as weekly or bi-weekly payments, as opposed to monthly payments common with traditional loans.
6. Payment Frequency
- Depending on the customer's creditworthiness and the specific vehicle, in-house financing may be available with no down payment required.
- However, a larger down payment can reduce the amount financed and the overall cost of the loan.
7. Down Payment vs. No Down Payment
- The approval process for in-house financing is typically quicker and more straightforward compared to traditional bank loans.
- This allows customers to potentially drive away with a vehicle sooner.
8. Loan Approval Process
- In-house financing may have restrictions on the types of vehicles available for purchase.
- Customers may choose from a selection of vehicles within a certain price range.
9. Vehicle Selection
- Atlas Motors' in-house financing team provides personalized assistance to customers throughout the financing process.
- They can answer questions, assist with paperwork, and provide guidance on selecting the right vehicle.
10. Customer Support
- Customers are required to make regular payments according to the agreed-upon schedule.
- Timely payments are crucial to maintaining a positive credit history and ensuring the vehicle remains in their possession.
11. Repayment
- While making payments, customers have possession of and use of the vehicle.
- Once the loan is fully paid, the title is transferred to the customer, and they become the vehicle's legal owner.
12. Ownership and Title
Car Rental in Mandeville Jamaica

It’s important for customers considering in-house financing to thoroughly review the terms and conditions, including interest rates and repayment schedules, before entering into an agreement. Additionally, maintaining regular and on-time payments is essential to successfully completing the financing arrangement and retaining ownership of the vehicle. 

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Atlas Motors opened its doors to the nation in the year 2016. We saw the need to introduce to the used car industry a full service facility that is aimed at making the car ownership process easier for our clients.

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Thank you for considering Atlas Logistics and Service Centre for your dream vehicle acquisition. Our dedicated team is committed to delivering a personalized service to meet your unique automotive preferences. Please fill out the following form with your dream vehicle information, and we will promptly conduct thorough research to locate and reserve your dream vehicle. Please note that a consultation fee of $40 USD applies for this service.

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