Evening Star Newspaper, October 21, 1935, Page 7

THE EVENING STAR, WASHINGTON, D. €, MONDAY, OCTOBER 21, 1935 GENERAL MOTORS ACCEPTANCE CORPORATION Reduces time payment costs 0N New cars GMAC announces today a new, economical way to buy any new General Motors car from General Motors dealers all over ‘the United States. It’s the plan you’ve been waiting for—a plan you can understand at a glance. It is far simpler and more economical than any other automobile time payment arrange- ment you’ve ever tried. Actually as simple as A, B, C—this new plan provides for convenient time payments of the unpaid balance on your car—including cost of insurance and a financing cost of 6%. This represents a considerable reduction in SIMPLE AS A,B,C A—TAKE YOUR UNPAID BALANCE B—ADD COST OF INSURANCE C—MULTIPLY BY 6%—12 months’ plan One-half of one per cent per month for periods] more or less than 12 months That’s your whole financing cost. No extras. No service fees. No other charges. $]u some states @ small legal documentary foo is required the cost of financing car purchases. It is not 6% interest, but simply a convenient multi- plier anyone can use and understand. Nothing is added in the way of so-called service or carrying charges. There are no ex- tras. Simply a straightforward, easy-to-un- derstand transaction. This single step brings the world’s finest cars within reach of thousands who have long needed new cars. When yox buy a new Cadillac or Buick, Chevrolet or Pontiac, Oldsmobile or La Salle, on this new plan, you actually save money! And finally=—buyers under this new plan receive an insurance policy in the General Exchange Insurance Corporation which pro- tects them against Fire, Theft and Acciden- tal Damage to their cars. To understand the real economy of the new GMAC plan, compare it with other finance plans on a dollars and cents basis. And be sure to include similar insurance protection. Further details are available now from dealers in General Motors Cars. OFFERED ONLY BY DEALERS IN CHEVROLET CARS & TRUCKS *PONTIAC-OLDSMOBILE-BUICK*LA SALLE<CADILLAC