We know that the world of automobile financing can sometimes be overwhelming. To help you out, here are a few common FAQs, answered:

What is more affordable: buying or leasing?

On a monthly basis, payments for leased vehicles are lower, but in the long-term, a driver will save more money by purchasing a vehicle, making it the cheaper option - if possible.

How I can find out my credit score?

You are entitled to a free copy of your credit score once a year from three different credit agencies, which can be found at www.annualcreditreport.com.

How much should I put down for a down payment?

Traditional wisdom suggests 10-20 percent of the vehicle's sale price, though this certainly differs from driver to driver.

What will I need to bring to apply for an auto loan?

Generally, you will need to provide proof of income and residence; reliable, personal references; proof of car insurance; and lastly, your driver's license.

For more information, or to meet with someone in our finance department, contact us or visit us anytime at Rochester Hills Chrysler Dodge Jeep Ram.

Get Financing Information!

By submitting your contact information, you consent to be contacted by telephone about purchasing a vehicle or obtaining vehicle financing. Clicking on the Submit button above is your electronic signature.