Finance FAQ
A question we get all the time, is just how the financing process works. The good news is that the process is quite simple. You’ll work with our team to apply for a loan. From there, we’ll shop it around to local lenders until we find a deal that fits your wants and needs. Then, you’ll just sign off on the terms and conditions and you’ll be ready to go.
How Long Does Loan Approval Take?
Usually, the loan approval process is very quick. Within a couple hours or so, you should be well on your way to securing your ride.
What Terms Are Associated with Car Financing?
What terms and conditions are important as you look to land a loan? Well, the big ones are the term length or the time period for which you will pay back the loan, down payment, monthly payment, and interest rate.
If you are interested adding a warranty, this term will prove important as well.Am I Required to Make a Down Payment?
With most vehicle purchases, you are required to put some money down up front. We’ll be more than happy to work with you on this figure so that you are comfortable with your payment plan in the immediate term and over the lifetime of the deal.
Will My Credit Score Effect My Auto Loan?
Yes, your credit score will be an important factor when you go to secure an auto loan. It will determine what type of interest rate you will qualify for.
What Is the Difference Between Leasing and Buying?
If you’ve dug in a bit on your payment options, you may have become interested in learning more about leasing. This alternative financing option allows you to make payments, almost like rent, to drive a vehicle for a set number of years before ultimately returning it back to the dealer.
With traditional financing, you are of course, making payments that go towards ownership instead.
Both are great options; it really depends upon your wants and needs about which will be the better choice for you.
Have Other Finance Questions? Contact Our Team!
Have a question not answered above? Get in touch with one of our financers here at Country Chrysler Dodge Jeep RAM. We’ll be more than happy to provide you with guidance!
We’re proud to serve drivers in and around Oxford and Lancaster, Pennsylvania, as well as Elkton, Maryland, and hope to assist you soon!
Monday | 9:00AM - 9:00PM |
Tuesday | 9:00AM - 9:00PM |
Wednesday | 9:00AM - 9:00PM |
Thursday | 9:00AM - 9:00PM |
Friday | 9:00AM - 9:00PM |
Saturday | 9:00AM - 5:00PM |
Sunday | Closed |
Monday | 7:30AM - 6:00PM |
Tuesday | 7:30AM - 6:00PM |
Wednesday | 7:30AM - 6:00PM |
Thursday | 7:30AM - 6:00PM |
Friday | 7:30AM - 6:00PM |
Saturday | 8:00AM - 4:00PM |
Sunday | Closed |
Monday | 7:30AM - 5:00PM |
Tuesday | 7:30AM - 5:00PM |
Wednesday | 7:30AM - 5:00PM |
Thursday | 7:30AM - 5:00PM |
Friday | 7:30AM - 5:00PM |
Saturday | 8:00AM - 12:00PM |
Sunday | Closed |