Are you ready to buy a new vehicle? There are lots of decisions to make when it comes to buying a new car, including choosing between your Chrysler financing options. We’re highlighting the details of auto loans and leases at Cook Chrysler Dodge RAM.
What are the Benefits of Leasing?
When you lease a vehicle, your total investment is determined by looking at the cost of your vehicle minus its estimated value at the end of your lease. This helps people get into a new vehicle much more affordably.
Plus, since it is essentially a long-term rental, you can avoid the hassle of selling. At the end of your lease, you simply return your vehicle to the dealership.
Why Should I Finance Instead?
By financing a vehicle, you apply for a loan from a lending institution for the total cost of your vehicle. Then, you pay monthly payments to your lender until it is paid in full. Once your vehicle is paid off, you can enjoy the benefits of living without a car payment. Plus, you will have built up equity in your vehicle, which can be used as a trade-in down the road.
How Do I Get Approved?
You can easily get approved for auto financing or a lease through our dealership. In fact, we even have an online application that lets you conveniently get preapproved from the comfort of your home. We collect your basic buying criteria to determine your eligibility.
- Your income and work history
- Your existing debt
- Your credit score and history
Still have questions? Reach out to our Chrysler dealership in Aberdeen, MD to chat with our financial experts. We’re happy to discuss your options or start your preapproval process. Let’s get started today!
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