Service Financing FAQs
The American auto industry is constantly making technological advancements to enhance ride comfort and overall performance for drivers and passengers alike. With more modifications, however, comes the need for more repairs as well. For vehicles constantly on the go, the necessity for repairs is even higher, and that’s where service financing comes in.
Advantages of Auto Service Financing
With an ever-increasing number of used vehicles out on the road, the need for auto services today is higher than ever before. You should thoroughly vet your financing options before making your final decision. Look for perks like the ones listed below to help narrow down your choices.
Availability of personalized payment plans
Personal data remains safe due to encryptions
No down payment required
No hidden charges
Interest-free EMIs from many companies
You can be assured of the best deal every time
After filling out the paperwork required by your chosen financial solution for auto repairs, you will get an amount determined by company interest rates. Pre-qualification for these loans is available, which means you can get financing regardless of your present credit status. So, oftentimes, even if you have no credit at all, you can still be granted the loan.
Many of the most well known auto repair companies have mobile apps designed to process their customer applications, eliminating the need for physical copies. As it is a transparent process, you will usually be able to check in on the status of your application at any time.
What You Need to Secure Financing
Any finance company will have basic requirements, the same goes for most auto repair finance companies. Though they may vary slightly from company to company, here is a general list of what you will need to secure service financing:
A mobile phone
A working email address
A healthy checking account
Contact details of at least one reference
A minimum earning of $1,000 a month
How to Find Accepted Repair Shops
Most of the auto repair financing companies have a predetermined set of accepted garages where you can take your vehicle for repairs. You can typically find a list of accepted repair shops on a finance company’s website or mobile app.
Can You Finance Your Vehicle Through Cleveland Ford?
Most of the top auto repair finance companies cover both pre-owned as well as brand new vehicles. Browse through the list below to see if your repairs are eligible to be financed through Cleveland Ford today.
2020 Ford F-150 XLT Crew Cab Pickup (Different models)
2019 Ford F-150 Lariat Extended Cab Pickup
2019 Ford Flex Limited SUV
2020 Ford Fusion SE
2019 Ford Expedition Platinum SUV
2013 Ford Fiesta S
2017 Subaru Crosstrek 2.0i Premium SUV
2006 BMW 3 series 330i
2016 Chevrolet Malibu Limited XTZ
Even if your car isn’t covered, you can still save big on your next service appointment by using one of our Service & Parts Coupons.