Service and Parts Financing
Auto Repair Loans and Financing
Is your car in need of service and repair and you’re not sure how you are going to pay for it? We can help. Our financial partners can help you afford the large and small expenses that can arise when you own a car. Nearly everyone relies on their cars in order to get to work, take the family to engagements and cannot afford to be without them for any extended period of time. Many of us also don’t have hundreds or thousands of dollars available on short notice to get these repairs done. That is why at Mentor Nissan we are offering loans and financing for auto repairs.
Why Finance Your Car Repairs?
With the cost of new vehicles increasing every year, Americans are keeping their cars for longer and longer. Coupled with the shortage of quality affordable used cars for sale that means for an increasing number of people their best option is to repair their current vehicle. When repairing your current vehicle you know how your car has been driven, serviced, and maintained so you have access to much more information than you would have about a comparable used vehicle. By financing your repair you can pay over time, much like a car payment, for your repairs. Contact the team at our service center for more information about financing your auto repairs.
Pros and Cons of Auto Repair Financing
The main drawback to financing your auto repair is that you will pay interest on the loan. So the overall cost of your auto repair will end up being greater than the cost of the repair itself. The amount that you pay in interest will vary based on the interest rate and other loan terms that are part of your loan. The advantage of an auto repair loan is that it allows you to afford a costly car repair by breaking the payments up over a period of time, versus a lump sum that would generally be due at the time of the service. Financing a car repair can also save you money versus purchasing a new or used vehicle, in that you will not need to place a large down payment, and depending on the nature of the repair it will generally be less expensive overall to fix a vehicle than to buy one.
Car Repair Loans Near You
If you are in the Mentor, OH area and are looking for a place where you can pay for your car repairs over time, then visit the service center at Mentor Nissan. We can help you apply for the financing you need to get your auto repairs done right away. Or fill out the application above to find out how much repair financing you qualify for today.