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May 21, 1971 - Image 11

Resource type:
Text
Publication:
The Detroit Jewish News, 1971-05-21

Disclaimer: Computer generated plain text may have errors. Read more about this.

Fr-inlay, May 2-1-, 1 97 1-9

THE DETROIT JEWISH NEWS

finance yo
New Car

AT THE FREE CHECKING ACCOUNT BANK

up

TO

OVER MOST AUTO LOANS!

Why pay more than Nationa! Bank of Southfield's attractive low rate to finance
your new car purchase? The cha; -t below shows what a big difference there is
in actual dollars between a new car loan at National Bank of Southfield and the
conventional loan. With good credit and a minimum 25% down payment you can
save real money . .. and payments may be spread over 36 months if you wish.
Just tell your dealer, "I'll handle my own financing," then bring the figures to
National Bank of Southfield. We'll do the rest. It's our pleasant, money-saving,
way to help you get behind the wheel of a new automobile.

,

See for yourself what you can save!

24 _MONTHLY PAYMENTS

NBS New Low Rate*

Amount
Financed

Monthly
Payments

36 MONTHLY PAYMENTS

Conventional Auto Loan**

Total of
Payments

Monthly
Payments

Total of
Payments

You Save
At NBS!

Total amount
Saved

NBS New Low Rate*

Monthly
Payments

Total of
Payments

Conventional Auto Loan**

Monthly
Payments

Total of
Payments

You Save
At NBS!

Total amount
Saved

$1,500

$ 68.12

$1634.88

$ 70.00

$1680.00

$ 45.12

$ 47.29

$1702.44

$ 49.16

$1769.76

$ 67.32

$2,000

90.83

2179.92

93.33

2239.92

60.00

- 63.05

2269.80

65.55

2359.80

90.00

$2,500

113.54

2724.96

116.66

2799.84

74.88

78.81

2837.16

81.94

2949.84

112.68

$3,000

136.25

3270.00

140.00

3360.00

90.00

94.58

3404.88

98.33

3539.88

135.00

$3,500

158.95

3814.80

163.33

3919.92

105.12

110.34

3972.24

114.72

4129.92

157.68

$4,000

181.65

4359.60

186.66

4479.84

120.24

126.11

4539.60

131.11

4719.60

180.00

*Annual percentage rate 8.42%

**Annual percentage rate 11.13%

National Ban
of Southfiel

THE BEND-OVER-BACKWARDS BANK

Member Federal Deposit Insurance Corporation

Main. Office: 27100 Lahser Road at 11 Mile. Branch Offices: Southfield Plaza, 17000 West 8 Mile.
Northland Point, 15565 Northland Dr.20000 West 12 Mile at Evergreen.

Phone: 353-6400.

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