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Motor Vehicle Loans Jamaica

Thinking about a motor vehicle loan? Look no further than AIM Financial Jamaica.

With an AIM Financial car loan, you get up to 81% financing on motor vehicles up to 10 years old with low-interest rates and up to 8 years to repay.

Insurance Premium Financing also available. Your car loan is right within your reach!


General Requirements

  • Valid Driver's License
  • TRN
  • Two (2) passport-sized photographs
  • Proof of Address (recent utility bills from at least two separate companies)
  • Two (2) written character references with contact numbers. Choose from the following:
    • Minister of Religion
    • Justice of the Peace
  • Bank statement print out of the last six (6) months (for standing order repayments)
  • Proforma Invoice and evidence of deposit
  • Copy of Certificate of Fitness/Registration Certificate
  • Import Entry or Copy of Title
  • Recent Valuation Report - MSC McKay, Mendez Livingston, Priority Loss Adjusters & AVC

PS: We advise customers to consult with us on the model & year vehicle they would like to purchase before doing a valuation or making a deposit to ensure it meets our minimum requirements for financing. 


Other Requirements (if applicable)

Salaried Individuals (public/private sector employees)

  • Job Letter
  • Last 3 months pay slips
  • Must be currently employed for at least one year with a recognisable company.


Small Business Operator / Self-Employed Individuals

  • Proof of business existence for at least two (2) years (Registration Certificate/Bills/Expired Licenses etc.) 
  • Bank statements  for the last 6 months (for businesses in the Manufacturing/Production Industry)
  • Annual/GCT Returns  (if applicable)
  • Proof of business address in the name of the applicant (2 utility bills from 2 different companies.)
  • Proof of Sales and Purchases 
  • Previous Borrowing History with AIM  (In good standing)
  • Current Proof of licence to operate (Food handlers/ spirit etc. - as applicable)
  • Proof of ownership/rental/Permission to lease (Property on which business operates.)
  • Site Visit (Inspection date to be agreed on)


PPV Operators

  • Road License
  • Copy of fitness
  • Registration and title for the vehicle currently being operated (if applicable)
  • Letter from Taxi Association stating availability of route upon purchase of the vehicle (for new PPV road license applicants)
  • Clean Police record (for new PPV road license applicants)

Apply Online Now!



 
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