Nassau Motor Company Leasing offers a fully developed in-house leasing program for qualified corporate and individual clients.
Leases are "all inclusive" and available on a three-year term. Fill out our online Lease Application or download a lease application form in PDF format, or read our Lease FAQ Page.
Why Lease?
Leasing offers the best alternative to conventional automobile financing in todays high price market. Qualified customers pay only for the portion of a vehicles value they intend to use, rather than paying full value as with the normal financing, Plus leasing offers many unique benefits.
The Smart Way to Drive a New Car!
Even though your lease is for a three year term, you may buy your vehicle at any time for a fair market value. You may also buy the car at the termination of the lease with three months written notice. And qualified customers can lease a new car every three years. Leasing is your key to worry free driving!
There are no surprise with NMC Leasing The terms are spelled out up front so you know exactly what to expect. An NMC Car Lease is easy to arrange. Just fill out the NMC Web Leasing Application form or the PDF version and mail back to us, and we'll be in touch.
Why Pay More?
With the average cost for a good new car today is continuing to increase, using the traditional financing you would have to raise a 10 - 25 per cent down payment plus the first year's insurance premium.
With NMC Leasing you pay a three month lease fee and drive away with your money in the bank earning interest!
For a convenient, single monthly payment you enjoy all the benefits, and avoid all the problems, of vehicle ownership. No worries about paying the insurance company, paying for maintenance, licensing, or the other expenses associated with owning a new car.
All the required services are performed by NMC factory trained technicians at no cost to you. Normal wear items and all engine components are replaced when necessary at no cost to you. (Damage to tyres, antenna or body panels not included)
Should a claim on our insurance policy be necessary, you are responsible for the deductible or any increase in premiums. If you are involved in an accident, simply report it to the police and the insurance company, pay your deductible and leave the rest to us. We will take care of the repairs.
All services (accident or maintenance) must be performed by or through Nassau Motor Company. If your car is off the road for more then three working days as a result of a mechanical problem, a free loaner vehicle will be provided. In the event of an accident, no loaners are available unless available through the insurance of the car that you hit.
NMC is the only full service distributor for Honda vehicles and authorized Honda parts in the Bahamas. The company was founded in 1940 and has built a reputation for the delivery of quality products and reliable service with integrity.
Documents Required By Banks When Applying For A Car Loan:
1. Proposal from Nassau Motor Company
2. Insurance Quote-(NMC Can Assist With Getting A Quote For You)
3. Job Letter
4. Copy Of Pay Slip
5. Copy Of NIB Card
6. Copy Of Driver's Licence Or Passport
7. Down Payment varies between 0 to 20%
More bank information coming soon!
CIBC FirstCaribbean
Get the green light on financing for your new vehicle with CIBC FirstCaribbean.
We make getting a vehicle loan fast, easy & affordable!
Low down payment options
Attractive terms
Competitive interest rates
EasyCover Revolving Loan to pay your auto insurance in up to 11 monthly payments
Please call our Call Centre at 242-502-6800 who will arrange for you to speak with a CIBC FirstCaribbean Sales Specialist about our financing options and let us put you behind the wheel of your new car.
Scotiabank
Max term is 84 months.
Deposit required:
- 15% for vehicles no older than 2 years and
- 25% for vehicles older than 2 years up to a maximum of 6 years old
RBC Royal Bank
Let RBC help you realise your goal of owning your dream vehicle
About RBC’s Auto Financing
Owning your own vehicle allows for greater independence, added convenience and time savings.
Convenience
Our team of mobile specialists can meet you safely anywhere at a place and time of your convenience to address your needs.
Peace of mind – No down payment required
Up to 100% financing on the cost of the vehicle & no upfront costs*
Improved Cash Flow – Flexible repayment period
Longer repayment term will attract smaller Installments or borrow for a shorter period and reduce costs.
Our team of RBC Auto Finance Specialists are ready to assist with you.
®/™Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.
All other trademarks are the property of their respective owner(s). Special conditions apply. Subject to normal lending criteria.
*Up-front costs covers administrative and legal expenses associated with the financing of new vehicles only.
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*All prices are subject to change without notice. Prices shown in website include 12% VAT.
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