Contract Terms/Checklist

Model Year

Maximum Mileage

Maximum Term (months)

  (may be negotiable on case by case basis)

2006 or newer

70,000

54

2006 or newer

75,000

51

2004 or newer

80,000

48

2004 or newer

85,000

45

2002 or newer

90,000

42

2000 or newer

95,000

39

2000 or newer

100,000

36

2000 or newer

110,000

30

2000 or newer

120,000

24

*Older or higher mileage automobiles considered on case by case basis                            

____    1.         Original completed credit application (signed and dated)

____    2.         Copy of signed buyers order

____    3.         Copy of signed title application with the “MAIL TO” box marked

____    4.         Original title acknowledgement (signed & dated)          

____    5.         Copy of title front and back of title (lien holder & buyer assigned)

                                    *Dates on title and title application must match contract date*

____    6.         When registering vehicle in State of Illinois:

Copies of checks written to pay sales tax, and Illinois title company used (including phone number) and copy of paid sales tax receipt.

____    7.         Original & File Copy of the signed MAC retail installment contract

____    8.         Original signed co-signer form (if applicable)

____    10.       Copy of insurance binder (no higher than 500 deductibles)

____    11.       Completed Midwest reference sheet (4 each, 6 total if married)

                                    *Must be completed with names, addresses, and phone numbers*

____    12.       Copy of valid driver’s license for each signer (signed photo ID only if one

signer has a valid driver’s license) *VERIFY ALL SIGNATURES MATCH PHOTO ID*

____    13.       Copy of current paycheck for each signer (no older than 30 days)

____    14.       Signed authorization form signed by ALL borrowers (bottom of

reference sheet or release form)

____    15.       Home phone listing and cell # for each signer (bottom of reference sheet)

____    16.       Copy of utility bill or another form of  proof of address

____    17.       Good landlord information

____    18.       5 year job history

____    19.       Copy of  Risk-Based Pricing Notice

                       

ALL ITEMS ABOVE MUST BE COLLECTED BEFORE FUNDING OF EACH DEAL