What Qualifies As A Late Model Used Car??

A “late model car” is a car which has been recently designed or manufactured, often the latest model.

(An “early model car” or “classic car” is a car old enough to be of historical interest; there is no usual intermediate term.)

Does Navy Federal have a grace period for auto loans?

Managing Your Auto Loan

Your first payment due date will be between 30 to 60 days from when the loan is finalized.

How long is a Navy Federal Auto Loan Good For?

Your preapproval and interest rates are good for 60 days after the check is issued, giving you ample time to shop for a car. Navy Federal offers several car-buying programs.

What credit score does Navy Federal require for auto loans?

A credit score of 700 or higher will generally get you a lower interest rate on your loan. A credit score of 600 or lower may result in a much higher interest rate. Proof of income: Before a lender loans you money, they want to make sure you’ll be able to repay the loan.

Photo in the article by “NOAA Climate.gov” https://www.climate.gov/news-features/features/models-and-fossils-face-over-one-hottest-periods-earths-history