Quick Tips to Consider Before Financing or Leasing Your Next Car

If you feel ready to apply for a lease or loan and get your next car near Westland or Livonia, we recommend taking a few steps to make sure your bases are covered. Using these resources on the Suburban Chrysler Dodge Jeep Ram of Garden City can help you feel fully prepared to apply for your payment plan.

Estimate Payments: A range of variables can affect how much you end up paying on your lease or loan each month, from down payment to term. Luckily, we offer a simple online tool that shows how monthly payments can vary based on these variables. We recommend checking out the payment estimator and changing variables like down payment and A.P.R. This can give you a clearer idea of what you'll be able to afford or how much you need to put down.

Value Trade-In: The value of your trade-in vehicle can play a role in your financing process. If you plan to use your trade-in offer as a down payment on your next vehicle, it's good to know what it's worth ahead of time. That way, you can better plan your budget. We've partnered with Kelley Blue Book to bring you an easy trade-in value tool that can generate an estimate in seconds based on details like make, model, year, and condition.

Explore Specials and Incentives: Chrysler, Jeep, Dodge, and Ram each have special leasing and financing offers that vary throughout the year. When you're about ready to apply, be sure to check the latest offers to make sure you're getting the best monthly payments available.

Credit Check: Your credit score has a significant impact on the likelihood of receiving a good financing offer or qualifying for a lease. We recommend checking your credit score to make sure it's in good shape before submitting your finance application.

Categories: Finance
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