Drive today for $89 down with our deferred seasonal payment program! For several years, AutoMax's $89 down program has been our most popular promotion. This year the promotion will start on November 21st, 2019 and end on January 15th , 2020. There is no need to wait for the tax refund you are expecting to get in February to buy the car you need. AutoMax is offering a deferred seasonal payment program. This program allows you can drive a car off the lot for only $89 DOWN TODAY, plus a onetime deferred seasonal payment set for March 15th 2020. The $89 down does not include the tax, tags, license, and document fee that may be required at the time of the sale.
Is it really only $89 Down today?
Yes, qualified customers pay a $89 down payment to AutoMax. In addition to the $89 customers are responsible for paying any tax, tags and registration fees to the department of motor vehicles (DMV) at the time of purchase
How does the $89 Down program work?
Using the Tax Refund Services’ (TRS) refund estimator AutoMax will be able to determine an estimated amount of your 2019/20 Tax refund. Then you can defer up to 1/3 of that tax refund estimate as a future payment. Here is an example. Jane wants a newer car and was approved for financing at AutoMax. Her approval was contingent on her paying $1000 down. If she decides to use our deferred seasonal payment program, she can pay $89 Down Today and set up a one-time deferred seasonal payment for the remaining amount or $911 due no later the March 15th 2020.
How to qualify for the $89 Down program.
Bring your most recent paystub showing tax deductions and year-to-date totals to either the Youngsville or Henderson location. If you have worked two jobs during 2019 then you will need to bring the oldest pay check stubs showing year to date figures on both. AutoMax will use your paystubs to estimate the tax refund you will be getting via Tax Refund Services’ (TRS) estimator. AutoMax will then defer a percentage of your estimated tax refund as your deferred seasonal payment to be paid when you receive your refund check or no later than March 15th 2020.
Reasons why customers choose our $89 Down Program
The program allows customers to get the car they need today with a small down payment.
Customers who use the program often choose to pay a higher than required deferred payment so that their normal monthly payments are lower.
Saving for a down payment is very difficult. Making a one-time large payment around tax season in lieu of a down payment makes sense financially.
Customers that use the program to defer an amount greater than $1000 can get their taxes prepared free of charge by Tax Refund Services (TRS) at AutoMax.
The $89 Down promotion is for new customers only and cannot be used in conjunction with any other offer. Customers will have to qualify for the deferred seasonal down payment program and have an estimated refund greater than three times the deferred amount. Customers will have to qualify for car credit under normal underwriting guidelines even though a portion of their down payment is being deferred. Customer may also be asked to pay the tax, tag and license fees at the time of sale. A $299 document fee is charged to all cars sold at AutoMax but may not be collected at the time of delivery under this promotion.
Standard Financing Disclosures
The advertised down payments and corresponding biweekly payments that are listed on vehicle display pages are meant to be used as a guide when shopping for a vehicle. This guide shows customers what the down payment and biweekly payments would be, and are meant to be used when the customer is considering affordability. Down payments listed are with approved credit only and include sales tax, license fee, registration fee and a $299 document fee. All financing is offered at 24.99% annual percentage rate (APR) regardless of term, down payment and customer’s credit score. Customers may negotiate price and term but the APR is not negotiable. Please see our website for details on the rules, regulations, allowances, exceptions and exemptions of our "Home of the Free" program. All pricing and details are believed to be accurate, but we do not warrant or guarantee such accuracy, and we reserve the right to make corrections at any time. Call or email for complete vehicle specific information.