College Grad Program – IOB

 

INFINITI of Beachwood Grad Advantage

Credit Information

When submitting an application electronically through the Dealertrack® website, select COLLEGE GRADUATE as the program type. In the Previous Employment section of the credit application, please indicate the name of the college, university, or school the applicant attends or attended.

Credit Approval

Credit approvals are valid for 60 days from the application submission date. Rate quoted based on application date, subject to final rate and NNA program eligibility based on contract date.

Customers with 60 Days Past Due (DPD) markers on their credit report and/or with more than $1,000 in total charge-offs (excluding student loans) are not eligible for the SignatureGRADUATE program.

SignaturePURCHASE® SignatureLEASE®
Eligible Terms 24-month to 72-month terms* New and Certified Pre-Owned INFINITI

*75-Month Term is not eligible.

 18–60 month terms
Eligible Vehicles
  • New INFINITI
  • Certified Pre-Owned INFINITI
 New INFINITI
Rate/Money Factor
  • Customer will receive a Tier 2 rate, subject to credit approval and verification of program requirements.
  • Customer will receive a Tier 1 rate if scored at Tier 1.

Please refer to relevant Standard APR and Special APR programs.
  • Customer will receive a Tier 2 rate, subject to credit approval and verification of program requirements.
  • Customer will receive a Tier 1 rate if scored at Tier 1.

Please refer to current Standard and Special Lease programs.
Advance
  • Vehicle Maximum (All Terms): 115%
  • Total LTV Maximum (All Terms): 125%
 Please refer to Lease programs for advance.
Dealer Participation
  • Standard Buy Rate: 60-Month Dealer Participation must not exceed 100bps
  • Standard Buy Rate: 61–72 Month Dealer Participation must not exceed 50bps
 IFS will not purchase a regular lease if the money factor exceeds IFS’s money factor by more than .00083.

Money factor Dealer Participation is only allowed on certain models and terms. See current lease programs for eligibility information.

Other Programs

  • Any available special APR/lease program may be used with this program unless otherwise noted.
  • The standard buy rate may not be used in lieu of the Special APR, unless otherwise stated in the special APR program.
  • Special APR and Employee VPP: Dealer Participation is not allowed.
  • Retailer Choice APR: Dealer Participation cannot exceed 50bps.
  • Any available factory-sponsored incentive may be applied.

SignatureBUSINESS®

Please refer to the following SignatureBUSINESS Programs under separate program rule documents:

  • IFS TRAC Lease Plan Parameters
  • IFS Municipal Plan Parameters