Terms of Use
Last updated: 2025-01-24
1. About NuevoDrive
NuevoDrive operates as a broker service, not a lender. We connect qualified U.S. expats living in Mexico with our network of Mexican automotive dealers and financial institutions. We do not make lending decisions, fund loans, or guarantee loan approval.
Operator: This website and related services are operated by ClauseCatch AI LLC, a limited liability company registered in the United States (EIN: 33-4452859), based in Los Angeles, California.
2. Our Services
NuevoDrive provides the following services:
- Pre-qualification assessment based on your financial profile
- Matching with appropriate dealers and lenders in our network
- Application processing and document coordination
- Communication facilitation between you and potential lenders
- Optional concierge services for document preparation and loan assistance
3. User Responsibilities
By using NuevoDrive, you agree to:
- Provide accurate and truthful information in all applications
- Maintain legal residency status in Mexico
- Respond promptly to requests for additional documentation
- Work directly with matched lenders for final loan terms and conditions
- Comply with all Mexican and U.S. laws regarding financial transactions
4. No Guarantee of Approval
Important: NuevoDrive does not guarantee loan approval, specific interest rates, or terms. All final lending decisions are made by third-party financial institutions based on their own underwriting criteria. Pre-qualification through NuevoDrive does not constitute a loan commitment.
5. Fees and Compensation
NuevoDrive may receive compensation from partner dealers and lenders when successful loan connections are made. This compensation does not affect the terms offered to you. Optional concierge services may involve separate fees, which will be clearly disclosed before any services are rendered.
6. Data Usage and Privacy
Your personal and financial information will be used solely for the purpose of facilitating automotive loan connections. We do not sell your data to third parties for marketing purposes. For complete details, please review our Privacy Policy.
7. Limitation of Liability
NuevoDrive's liability is limited to our role as a broker service. We are not responsible for:
- Loan terms, conditions, or decisions made by third-party lenders
- Vehicle quality, condition, or dealer practices
- Changes in your financial circumstances or residency status
- Market fluctuations affecting interest rates or loan availability
8. Termination
Either party may terminate the use of NuevoDrive services at any time. Upon termination, we will cease processing your application but cannot recall information already shared with partner institutions.
9. Governing Law
These terms are governed by the laws of Mexico and the United States as applicable to cross-border financial services. Disputes will be resolved through binding arbitration.
10. Contact Information
For questions about these terms, please contact us:
- Email: auto@nuevodrive.com
- ClauseCatch AI LLC, Los Angeles, CA
- WhatsApp: Available via chat widget