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Straits Advantage Auto Loan: Better Car, Lower Payment.

How would you like a low payment vehicle loan program that combines the best features of conventional financing along with the benefits of leasing?

Straits Advantage gives you the best of both worlds. Like a lease, Straits Advantage offers payments considerably lower than conventional financing. Yet, unlike leasing you own the vehicle and enjoy the flexibility and benefits that come with vehicle ownership.

Flexible Mileage Options
12,000 , 15,000 or 18,000 Per Year
Flexible Terms
24-72 Month Terms
New or Used
Used Vehicles up to 5 years old
100% Financing
No Money Down
No Capitalization Fees
No Security Deposit
No Application Fee
No Upfront Payments
Straits Advantage offers payments up to 40% lower than conventional financing.  


  Conventional Loan     AFG
 Loan Amount  $30,00  $30,000
 Loan Term  36 months  36 Months
 Guaranteed Future Value  n/a  $16,500
 Monthly Payments  $869  $464.80*

*Payments 1-35 are $464.80 with a 36th payment of $16,500 (GFV)

Eligible Vehicles New and used vehicles (up to five model years old). All vehicles excluding motorcycles, commercial vehicles and RVs.
Financing Terms 24 to 72 months
Residual Value Established based on the term of the loan using industry approved guidelines similar to leasing.
Payments The difference between the residual value and what you pay for the vehicle is used to determine the principal portion of your payment, which results in a lower monthly payment than conventional financing.
End of Term Options • Sell the vehicle, pay the residual value and keep any difference. 

• Use the vehicle as a trade-in, and the residual value is paid as part of the transaction. 

• Keep the vehicle and refinance the residual value as a used vehicle loan.

• Return the vehicle at loan end and walk away.