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BULLETIN #: S-1030/09
PLEASE NOTE:
Rates are for New Scion vehicles only.
For Scion used vehicle pricing, please refer
to the Georgia SETF standard retail rate bulletin.
PROGRAM PERIOD
03/31/10- until further notice
GA Scion Retail & Lease Rate Programs
STANDARD GEORGIA DEALERS ONLY
Scion New Vehicle Retail Program - Standard GA Dealers Only
Bulletin #: S-1030/09 Effective Date: 03/31/10
FOR FICO SCORES BELOW 660, TIER IS ASSIGNED BY SETF
Term <= 63 Months Tier 1 Tier 2 Tier 3 Tier 4 Tier 5 Tier 6 Tier 7
720-739 700-719 680-699 660-679
LTV 90% or Less 5.24% 5.79% 6.44% 7.49% 9.09% 11.19% 14.49%
LTV 91% - 120% Advance 5.84% 6.39% 7.19% 8.49% 10.09% 12.19% 15.24%
LTV 121% - 130% Advance 6.59% 7.14% 8.09% 10.14% 11.74% 14.09% 16.39%
LTV > 130% Advance 7.09% 7.64% 8.59% 10.64% 12.49% 14.84% 17.14%
64 - 75 Month Term +0.25% +0.45% +0.70% +1.15% +1.30% +1.55% +1.65%
LTV based on Line 3 advance (inclusive of any negative trade equity) vs. Invoice for New vehicles and Line 3 advance (inclusive of
any negative trade equity) vs. NADA Clean Trade-in for Used Vehicles.
Customers with less than 4 trade lines on any bureau report will be priced at Tier 4 or the actual tier their score
qualifies them for, whichever rate is higher.
New Scion Vehicles Only
** SEE ASSIGNED TIER **
» College Graduate Program available. Please refer to the current College Graduate Program bulletin.
» iFinance Program for eligible retail customers with limited credit. See Guidelines page.
» Gen-One Retail Finance Program for eligible customers with no credit history. See Guidelines page.
OTHER AVAILABLE PROGRAMS
OTHER RETAIL PROGRAM PARAMETERS
» Rates are for New Scion vehicles only. For Scion used vehicle pricing, please refer to the Georgia SETF standard retail rate
bulletin.
» No rate bump allowed. All contracts will earn a $200 flat fee.
» No rate discounts except the LTV discount may be applied ( luxury, Encore, coupons, etc. ).
» Minimum amount financed is $7,500 for contracts up to 75 months.
» All contracts qualify for the OneSource program.
GEORGIA LOAN PROCESSING FEE
You must assess the GA loan processing fee on all contracts funded under this program. Your dealership may increase this charge
by $25 which will be credited to your reserve statement. Fee may not be assessed on any Tier VII 72 month contracts.
Scion New Vehicle Lease Program - GA Dealers Only
Bulletin #: S-1030/09 Effective Date: 03/31/10
TierI
II
III
IV
Customers with less than 4 trade lines on any bureau report will be priced at Tier III unless their bureau score
qualifies them for Tier IV, in which case the higher (Tier IV) rate is used.
» College Graduate Program available. Please refer to the current College Graduate Program bulletin.
» iFinance Program for eligible lease customers with limited credit. See Guidelines page.
» Gen-One Retail Finance Program for eligible customers with no credit history. See following page.
Bureau Score Security Deposit
680 - 719 None
650 - 679
» Acquisition Fee of $695. No dealer mark-up.
» Multiple security deposit buy-down program available ( see bulletin T-290/98 ).
» Low mileage program available ( see bulletin T-2209/08 ).
» $200 flat fee on all contracts. No rate participation is allowed.
» No rate discounts may be applied ( Encore, coupons, etc. ).
» No Security deposit required in Tiers I & II. For Tiers III & IV, the security deposit equals the base monthly lease
payment rounded up to the next $50 increment. In Tier III, the minimum deposit is $300 and there is no option to waive
the deposit. In Tier IV, SETF requires two security deposits (take the formula above and multiply by 2 ). There is no
option to waive the deposit in Tier IV and the minimum deposit is $600.
OTHER AVAILABLE PROGRAMS
0.00199 720 + None
24-51 Months
0.00224
52-60 Months
0..00264
24-51 Months
Not Available
600 - 649 Not Available See Below
See Below
Not Available
Not Available
<= 110% ADVANCE* 110% - 120% ADVANCE*
OTHER LEASE PROGRAM PARAMETERS
* Advance = Selling Price (line 1 from worksheet) plus Outstanding Prior Credit/Lease Balance (line 3
from worksheet) minus Cap Cost Reduction (line 12e). Please use the total vehicle MSRP to calculate
advance %.
0.00264
0.00339
0.00399
Effective Date: 03/31/10
VEHICLE ELIGIBILITY
CUSTOMER ELIGIBILITY
REQUIRED DOCUMENTATION
VEHICLE ELIGIBILITY
CUSTOMER ELIGIBILITY
iFinance Retail & Lease Program Guidelines
» All New Scion models and untitled demos with < 20K miles are eligible.
» 24-75 month retail terms or 24-60 month lease terms available.
» One satisfactory trade line open for one year with a $500 minimum and have no negative credit history.
» PTI cannot exceed 15% of applicant's gross income.
» Income must be consistent and verifiable; applicant must be employed for at least six months, full-time, with current employer.
» A minimum of 10% down payment/cap cost reduction ( in addition to taxes, fees and vehicle protection products,
excluding rebates ).
» Maximum advance/net cap cost of 100% of the original dealer invoice price including dealer-installed options, tax, title, and
license plus rebateable insurance products.
» Maximum amount financed/net cap cost not to exceed $20,000.
1. Copy of customer recent wage statement ( proof of income ).
2. Complete credit application.
3. Applicant must provide total of five ( 5 ) personal references on all iFinance contracts.
4. Proof of insurance must be submitted with contract.
The above must be included with the contract and all other required documents under our standard program. Standard retail finance and
lease documents are required.
1. Copy of customer recent wage statement ( proof of income ).
2. Complete credit application.
3. Applicant must provide total of five ( 5 ) personal references on all Gen-One contracts.
4. Proof of insurance must be submitted with contract.
The above must be included with the contract and all other required documents under our standard program. Standard retail finance
documents are required.
Gen-One Retail Finance Program Guidelines
» All New Scion models and untitled demos with < 20K miles are eligible.
» 24-60 month retail terms available. No contracts over 60 months are available with the Gen-One Program.
» No established credit necessary - No negative credit history allowed.
» PTI cannot exceed 15% of applicant's gross income.
» DTI cannot exceed 45% of applicant's gross income.
» Income must be consistent and verifiable; applicant must be employed for at least six months, full-time, with current employer.
» Minimum gross income must be greater than $1,500 per month.
» Maximum advance to be 90% of original dealer invoice price including dealer-installed options, tax, title, and license, plus
rebateable insurance products.
» Maximum amount financed not to exceed $20,000.
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| Chatham Parkway Scion |
Print |
Finance Pricing
| Description |
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Selling Price |
| Finance Rates |
Percentage |
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Tier I PLUS>=740-
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63m at 5.24% 72m at 5.49% |
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| Tier I 720-739 |
60m at 5.79% 72m at 6.24% |
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| Tier II 700-719 |
60m at 6.44% 72m at 7.14% |
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| Tier III 680- 699 |
60m at 7.49% 72m at 8.64% |
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| Tier IV 660-679 |
60m at 9.09% 72m at 10.39% |
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| Tier V 640- 659 |
60m at 11.19% 72m at 12.74% |
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| Tier VI 620-639 |
60m at 14.49% 72m at 16.14% |
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Tier VII >620
New Vehicle Protection Plans |
60m at 15.99% 72m at 17.09%
*All rates are based on 90% LTV. Rates will go up as the loan to value goes up.
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| Platinum Protection |
60 months/ 60,000 miles |
$695 ($50.00 deduct) |
| Platinum Protection |
72 months/ 72,000 miles |
$995 ($50.00 deduct) |
| Platinum Protection |
84 months/ 100, 000 miles |
$1295 ($50.00 deduct) |
| Prepaid Maintenance |
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| Standard |
36 months/ 45000 miles |
$595.00 |
| Plus |
36 months/ 45000 miles |
$695.00 |
| Payment Protection |
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| Credit Life Insurance |
Premiums may vary according to state requirements, the amount of indebtedness, the age of the insured, length of re-payment term, and other factors. |
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| Credit Disability Insurance |
Premiums may vary according to state requirements, the amount of indebtedness, the age of the insured, length of re-payment term, and other factors. |
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| Other Products |
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Total Loss Protection (GAP)
Road Hazard |
Gap Plus
60 Months/Unlimited Miles |
$600.00
$295.00
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* Scion vehicles are mono-spec, and customers can personalize their car with accessories. See the accessories section for available products.
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