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June 25, 1971 - Image 9

Resource type:
Text
Publication:
The Detroit Jewish News, 1971-06-25

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

Frichiy, lune 25, 1971-9

THE DETROIT JEWISH. NEWS

Finance your
New Car

AT THE FREE CHECKING ACCOUNT BANK

up

TO

OVER MOST AUTO LOANS!

Why pay more than National Bank of Southfield's attractive low rate to finance
your new car purchase? The chart below shows what a big difference there is
in actual dollars between a new car roan 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!

36 MONTHLY PAYMENTS

24 MONTHLY PAYMENTS

Conventional Auto Loan**

NBS New Low Rate*

Monthly
Payments

Amount
Financed

Monthly
Payments

Total of
Payments

Total of
Payments

You Save
At NBS!

Total amount
Saved

NBS New Low Rate*

Monthly
Payments

Total of
Payments

Conventional Auto Loan**

Total of
Payments

Monthly
Payments

You Save
At NBS!

Total amount
Saved

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

$1 ,500

$

*Annual percentage rate 8.42%

**Annual percentage rate 11.13%

National Bank
of Southfield

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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