Keeping a car in good condition can be an expensive proposition. While routine maintenance isn’t typically very pricey, when a major component wears out, replacing it can be a whole other story. This is why it’s good to know that if you need some new Chrysler parts, you can finance the purchase.

Why Finance a Part?

Depending on what the part is that you need, you may not have all of the funds on hand to pay for it. Or, even if you do, the thought of draining your savings might not be too appealing. Financing allows you to get that part without breaking the bank.

What Does Parts Financing Entail?

With financing, you borrow money to pay for the part you need. As with any type of loan, this requires a down payment. The more you have for this, the less you will need to borrow. Then you will make monthly payments until the loan is paid off in full.

How Long Will I Have to Pay Off the Loan?

You will have your choice of a 3-, 6-, or 12-month loan. The shorter it is, the quicker you can pay it off, but your monthly payments will be higher. If you go with the year loan, you will pay the most interest. It’s important to think about your income to determine which loan term is right for you.

How Can I Apply for Financing?

At Jake Sweeney Chrysler Dodge Jeep® RAM in Cincinnati, we make applying for parts financing a breeze. Our online application takes about 30 seconds to fill out from start to finish. Once it’s received, we will be in touch to discuss all of the pertinent details. You can also contact our service center for any questions or concerns about the repair or installation process.