Installment Policy
The principles behind every Friends Motors installment plan.
Last updated: November 2026.
Approval
All installment plans are subject to approval. We may ask for documents that confirm your identity, income and address.
Written agreement
The car price, down payment, markup, duration and monthly amount are written in one agreement. Please read it fully before you sign. Any change to the plan must also be in writing.
Payments and receipts
Every payment is recorded and a receipt is issued. Please keep your receipts safe.
Late or missed payments
If you expect difficulty paying on time, contact us early. Consequences of late payment are stated in your agreement.
Early settlement
If you wish to settle the plan early, ask us before you pay. Any terms for early settlement are stated in your agreement.
Ownership documents
How registration and ownership documents are handled during the plan is stated in your agreement.
Questions
Contact us before you sign if anything is unclear.
