Low Monthly Payments and the
Option to Return After 36 Months!
Now, you're in the driver's seat before you even get into your new vehicle. Introducing Customer Choice Financing, an innovative way to purchase your vehicle, putting you in control with more benefits and options than traditional financing.
What exactly is Customer Choice Financing? Essentially, it's a long term loan that gives you three options at maturity:
1. Return the vehicle
2. Keep the vehicle and simply pay the residual balance
3. Continue to finance the loan for the balance of the amortization period
Customer Choice Financing is not a lease - it's better because you own the vehicle. Yet it offers the freedom of choice of a traditional lease. Ultimately, it can make purchasing your new vehicle more affordable and may give you more flexibility to get into another new vehicle sooner down the road.
KEY ADVANTAGES OF CUSTOMER CHOICE FINANCING
At Chrysler Canada, we truly want to make owning the vehicle you really want an affordable reality. That's why we introduced Customer Choice Financing, which combines greater value, flexibility and convenience all into one package. Specific benefits of this innovative financing program include:
We are extremely excited to be able to offer this new alternative to Canadians.
For complete details about Customer Choice Financing, simply visit Ottawa Chrysler Jeep Dodge Ram.
Wise customers read the fine print:
Customer Choice Financing for 36-, 48- and 60-month terms on approved credit through TD Financing Services is available at participating dealerships to qualified retail customers on most new 2010 and 2011 Chrysler, Jeep, Dodge and Ram models except Grand Caravan Cargo Van, and Ram Chassis Cab. Vehicles are financed over a 36-, 48- or 60-month term with payments amortized over a term of up to 96 months and the pre-determined residual balance payable at the end of the contract. At contract's end, customers have the choice of returning their vehicle through a Chrysler, Jeep, Dodge, Ram dealership with no further obligations (except payment of a $199 return fee and excess wear and tear, mileage and similar charges), financing the remaining balance for the rest of the amortization period at then-current standard rates or paying the residual balance in full. Some conditions apply. Customer Choice Financing in Quebec subject to different terms and conditions. Example: 2010 Ram 1500 Quad Cab SXT 4x4 (24A+AGR+XFH) with a Purchase Price of $25,670 financed at 4.99% APR over 60 months with payments amortized over 83 months equals 130 bi-weekly payments of $169 and one final payment of $8,075 for a cost of borrowing of $4,337 and a total obligation of $30,007.24. Taxes, licence, insurance, registration, excess mileage and wear and tear charges, any retailer administration fees and other applicable fees and charges not included. Retailers may sell for less. See participating retailers for complete details.
Customer Choice Financing is a trademark of Chrysler Group LLC.
Can buying a pre-owned vehicle really help me re-establish my credit?
Yes, when checking with the credit bureau, many lending institutions look at automobile loans closer than any other type of loan (other than mortgages) to verify your credit standing.
Secured credit cards are no help at all - you are really borrowing your own money with the glory of having a piece of plastic in your wallet. Buying a car from a "buy here, pay here" lot that does not report to the credit reporting agency is simply not very smart because it does not reflect on your credit record.
So the smart choice and the intelligent way to go is to rebuild your credit with a car loan and we'll show you how!