If you’re looking to buy a Chrysler car, financing could be a very wise idea. This guide goes over some key things you should know when it comes to Chrysler financing:
Why Finance?
The biggest benefit of financing is that you don’t need to have a ton of available money to buy a car. You just need to supply a down payment and then whatever is left can be borrowed from a lender and paid off monthly.
Is There Any Downside to Financing?
While not a downside per se, financing does come with a fee in the form of an interest rate. Whatever this is will be added to your monthly payment.
Is There a Way to Reduce the Interest Rate?
If you have a solid credit score, there is a very good chance that you will get a favorable interest rate. If your score is on the low side, doing things to raise it before buying a car may be a smart idea. You can also think about using a cosigner on the loan who has good credit.
Can You Only Finance New Cars?
You’ll be happy to know that in addition to a new car, you will also be able to finance a used or Certified Pre-Owned model.
How Does the Financing Process Work?
Getting started with financing is simple — just fill out our online application. This will get you pre-approved for a loan. Once submitted, you will be contacted by someone from our financing department. And don’t worry if your credit is low or if you don’t have a credit history. We can still help you find a car you can afford.
Any other questions about financing? Get in touch with Fields Chrysler Jeep® Dodge RAM Asheville. Our professionals are ready to get you behind the wheel of a new Chrysler vehicle!