Should you buy,
lease or finance your jeep? If you finance, how long should you
finance for....3 years, 5 years, 7 years? What's the difference?
Below are some tips to help you better
understand your options.
- Compare annual percentage rates
available to you from several lending institutions before committing
to a loan.
- Once you obtain an auto loan, make
sure that you keep your loan payments current. Some lenders will
repossess your vehicle if payments are not made. To not become
- Make sure you keep your auto
insurance up to date. If you don't, many lenders will add single
interest insurance. It only covers the lender, does not satisfy your
legal obligation to provide no-fault insurance, and costs
substantially more than you'd pay if you obtained full coverage
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