Leasing and Financing Benefits in Manchester, TN

Learn More About Financial Services In Manchester, TN

You probably already know that the finance department handles leases and financing, but do you know what else they do? The financial department helps customers find affordable solutions to their auto needs. This can involve warranties, trade-in values and more. Keep reading to learn how the financing department can help you.

Manufacturer Rebates

Vehicle manufacturers frequently offer rebates towards the purchase or lease of a car. These rebates are most commonly given to college students and military personnel and veterans as a way of thanking them for their work

Extended Warranties

The original manufacturer’s warranty expires when you reach either a specified mileage on the vehicle or own it for a number of years. After that, an extended warranty picks up repair coverage for a designated number of years. However, you often need to purchase an extended warranty before the manufacturer’s warranty expires, and if you can buy one afterward, it's usually more expensive.

Filling Your GAPs

Your primary auto insurance may not be enough to protect your wallet if your car gets totalled in an accident or stolen. The settlement is often based on the car’s market value, which may be less than the balance owed on your finance or lease contract. This is where GAP—guaranteed auto protection—insurance comes in. GAP helps to cover the remaining balance that may be left over after settlement with your auto insurance.

Trade-In Values

Maybe you're interested in trading in your current vehicle and purchasing or leasing another one. Many dealerships offer quick estimates on the trade-in value of your car. Some will even add a bonus amount to your estimate just for choosing to do business with them.