The First Citizen Abacus App offers prospective car buyers the ability to obtain a finance quotation in a fun and interactive way, using a smartphone or other mobile device. The App has been designed to assist those seeking finance in the Irish market for a new or used car and for existing customers of First Citizen Finance, who wish to utilise the in-App Customer Service features.
Once registered as a user, just three pieces of information are required to obtain instant finance quotes over 3, 4 or 5 years, depending on the age of the vehicle being financed. The user must provide the year of the vehicle they are interested in, the name of the SIMI / approved motor dealership and finally their monthly budget, or finance amount required. Once this information is entered, the quote results are displayed - including monthly payment, weekly equivalent and cost of credit.
The current interest rate offered by First Citizen Finance on its Hire Purchase Agreement is 6.9% APR (fixed). The user chooses one preferred result in-App and is presented with an option to connect with their local First Citizen Finance Advisor, who will take them through the rest of the process.