What Financial Services Are Available Besides Buy & Lease? | Greenville SC | Spartanburg, Greer, Anderson & Easley

Learn More About Financial Services

Buying and leasing are basic parts of owning a vehicle, but there is more to financing a car. Dealerships and manufacturers usually offer special programs and services to help you maintain the condition of your vehicle, or to help you financially down the road. Keep reading below to learn bout a few of these options.

Manufacturer Rebates

Manufacturers often give rebates to help individuals buy or lease a car. College graduates and military personnel and veterans are common recipients as an appreciative gesture for the work they’ve done.

Extended Warranties

Extended warranties pick up on covering the repairs for a vehicle for a designated number of years after the original manufacturer’s warranty expires. A manufacturer’s warranty expires when you reach either a specified mileage on the vehicle, or have it for a number of years. An extended warranty often needs to be purchased before the manufacturer’s warranty expires, but if you can buy one afterward it is often more expensive.

Filling Your GAPs

Your primary auto insurance may not be enough to cover your costs if your vehicle is declared a total loss due to circumstances like accident or theft. A settlement is often based on the car’s market value, which may be less than the balance left on your finance or lease contract. This is where GAP—guaranteed auto protection—insurance comes in. GAP helps cover the remaining balance that may be left over after settlement with your auto insurance.

Trade-In Values

If you want to trade-in your current vehicle toward the purchase or lease of another one, many dealerships offer quick estimates to help make your transaction more convenient. Some will even add a bonus amount to your estimate just for choosing to do business with them.

It’s always good to learn as much as possible about your options regarding auto financing. From buying and leasing to special services and programs, several choices are available for you to consider. If you’re interested in learning more about the financial services provided at Big ‘O’ Dodge Chrysler Jeep Ram, contact us today or stop by our dealership at 2645 Laurens Road, Greenville, SC 29607. We look forward to serving our customers in Spartanburg, Greer, Anderson and Easley.

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