Frequently Asked Financing Questions
When you’re getting ready to upgrade your vehicle, you may have a lot of questions about the financial aspects of car buying. You’ve already picked out your perfect vehicle and researched why it’s the right one for you, but now you’re left with the tedious task of trying to figure out how exactly to pay for it. At Standard Jeep Ram, we understand how confusing the financing process can be, which is why we’ve taken the time to answer some frequently asked questions regarding the financing process. Learn more below before choosing the next vehicle you want to drive through Alberta.
Vehicle leasing is another way of obtaining a vehicle; however, it is a bit different than the traditional vehicle buying process. Instead of making loan payments in order to buy your vehicle, the payments you are making go towards renting it. The vehicle is still owned by the leasing company, but you agree to pay a certain monthly fee for a set period of time, at the end of which you can trade in the vehicle or extend your lease. This option is best for those who don’t like being tied down to one vehicle for too long.