Very few people can walk into a dealership and pay for a vehicle in full with cash or check. That said, you're probably wondering how to get that new car, truck, or SUV from La Porte Chrysler Dodge Jeep Ram. Some great deals are going on with Chrysler, Dodge, Jeep, and Ram, so it's understandable why you are having difficulty deciding how to pay for your new ride near Michigan City. Our financing center is here to help.
Options to Pay in La Porte, IN
Leasing is a great option to get a new vehicle near Westville. You will still need to agree to a credit check, but a credit score in the "fair" to "good" range is typically acceptable to lease a vehicle. The dealership just wants assurance that you can make your monthly lease payment, and a decent credit score indicates that. Sign your lease paperwork upon approval, and you can drive home your vehicle of choice on the same day.
Trading in an older vehicle can help you get a discount on your new one. If your old vehicle still has some significant value to it, it can help decrease the overall cost of your new one. A dealer can use tools to determine the value of what you do have before you make a choice to trade it in for a new vehicle for your Valparaiso adventures. The trade-in value can be as little as a few hundred dollars to as much as thousands or tens of thousands, depending on the vehicle's age, make, year, model, and trim level.
There are also in-house financing and exterior financing options. In-house financing means our financing center can run a credit check and find a financial lender to lend you the money through the dealership.
With this type of financing, the lender is the lien holder and you make payments directly to them every month. The alternative is finding a bank or credit union on your own and getting a car loan through that lender, but it tends to complicate matters when you need to speak to someone about the vehicle you bought.
The convenience of financing at the dealership is a nice perk. All the applications, paperwork, and processing of the credit is done onsite in La Porte, IN. You know quickly if you are approved and how soon you can drive away in your chosen vehicle. There are special financing programs our team can help you with if the standard financing program can't help. Our financing center experts will look at every possible outlet to help you get into your new Dodge, Ram, Jeep, or Chrysler vehicle today.
Lease to Own
There are some lease-to-own options available for Chesterton shoppers. They may not apply to every vehicle in our inventory, so make sure you know what you are leasing under these terms before you lease it. Essentially, you lease the car just as you would normally, but at the end of the leasing period, you can purchase the vehicle with a large balloon payment or a refinanced monthly payment. You continue to make payments, but now you own the car instead of having to return it.
People like leasing vehicles because they know they aren't committed indefinitely to that one vehicle. If it turns out that they don't like the vehicle they chose, they can just return it at the end of the lease and try something different. Leasing is essentially an extended "try before you buy" program that lets you drive while you make payments but not fully commit to the vehicle you are driving.