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September 29, 1972 - Image 7

Resource type:
Text
Publication:
The Detroit Jewish News, 1972-09-29

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

Friday, Sept, 29,1972-7

THE DETROIT JEWISH NEWS

Finance your
New Car

SAV Up I°

AT THE FREE CHECKING ACCOUNT BANK

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 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!

36 MONTHLY PAYMENTS

24 MONTHLY PAYMENTS

You Save

You Save

Conventional Auto Loan••

NBS New Low Rate•

Monthly
Payments

Amount

Financed

$1,500

$

68.12

At NBS!

NBS New Low Rate•

Total of

Monthly

Total of

Total amount

Monthly

Payments

Payments

Payments

Sayod

Payments

$1634.88

$ 70.00

$1680.00

$ 45.12

$ 47.29

Total of
Payments

Conventional Auto Loan••

Monthly
Payments

At NBS!

Total of

Total amount

Payments

Saved

$1702.44

$ 49.16

$1769.76

$ 67.32

2359.80

90.00

$2,000

90.83

2179.92

93.33

2239.92

60.00

63.05

2269.80

65.55

$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

131.11

4719.60

180.00

4359.60

Annual percentage rate 8 42%

186.66

4479.84

120.24

126.11

4539 60

••Annual percentage rate 11.13%

National Bank
of Southfield

THE BEND-OVER-BACKWARDS BANK

Menthe, Federal Depose insurance Corporation

Main Office: 27100 Lahser Road at 11 Mile. Branch Offices: Southfield Plaza, 17000 West 8 Mile
West 12 Mile at Evergreen.
Northland Point, 15565 Northland Dr. 20000
Phone: 353-6400

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