Money made easier: Our financing specialists speak your language

At Snethkamp Chrysler Dodge Jeep Ram of Gaylord, we want to make financing your next car almost as easy as driving it. Of course, we know many people feel the process of getting a loan or a lease can be a little bit mysterious, or a little bit intimidating, or a little of both. That's why the experts in our finance center explain the fundamentals of financing in simple, easy-to-understand language, so you can make well-informed decisions.

What's the difference between a loan and a lease? Our experts can explain

Depending on your financial situation, either a loan or a lease could be the best way for you to pay for your next Chrysler, Dodge, Jeep or Ram. What's the difference? While our specialists in Gaylord, MI can tell you more, a loan is simply borrowing the money you need to buy your next car while a lease is more like renting a car for a specific period of time. Both options have their upsides and downsides, so let's look at some of the differences.

Some pros and cons of a car loan

One big advantage of a car loan is that you're actually building ownership in the car. As you make your monthly loan payments, you're gradually creating cash value, or "equity," in that vehicle. That's real money you can someday use to buy your next car. By making your monthly payments on time, you're also helping to raise your credit score. Some disadvantages: Monthly payments are more and you'll need to make a bigger down payment.

Some pros and cons of leasing

The most popular benefit of a lease is the fact that your monthly lease payments are nearly always lower than the monthly payments for a car loan. That gives you more monthly cash flow for other expenses. At the end of your lease period - usually 36 months - you just return the car to us and pay for any excess damage or miles. You don't have the hassle of selling the car. Some disadvantages: You never own the car or build any cash value in it.

You can start the financing process right now from the privacy of home

Car buying customers in Petoskey or Boyne City, MI appreciate the fact that we even make it easy to apply for financing. Just complete our simple financing application and you'll soon find out how much of a loan or a lease you're qualified for. If you want help completing the application or want advice on how to qualify, our finance specialists will be glad to help. Contact us by phone or in person.

Are you struggling with money or have bad credit? We can still help

We understand people anywhere, including communities like Grayling or Kalkaska, MI, can run into tough financial situations and end up with shaky credit or even no credit at all. At Snethkamp Chrysler Dodge Jeep Ram of Gaylord, we have ways to help. One is our optional Buy Here Pay Here program. Instead of getting your loan from a bank or credit union, you get a low-down-payment loan from us and make affordable payments directly to us.

We can tell you more about Buy Here Pay Here and all our financing services

When you make payments directly to us, we report those payments to a credit bureau so it can help build or re-build your credit. Whether you feel confident about financing or want some guidance, we can help you get the loan, lease or special program you need to get behind the wheel of your next car. Talk to the financing specialists soon at Snethkamp Chrysler Dodge Jeep Ram of Gaylord in Gaylord, MI.

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Contact

Snethkamp Chrysler Dodge Jeep Ram of Gaylord

1001 Mankowski Rd
Directions Gaylord, MI 49735-9201

  • Sales: 989-448-3582
  • Service: (989) 448-4118
  • Parts: (989) 448-3582

Hours

  • Monday Closed
  • Tuesday 08:30AM - 06:00PM
  • Wednesday 08:30AM - 06:00PM
  • Thursday 08:30AM - 06:00PM
  • Friday 08:30AM - 06:00PM
  • Saturday 09:00AM - 03:00PM
  • Sunday Closed