Sales: (888) 861-7383
- Service: 319-393-4610
- Parts: 319-393-4610
Dodge Jeep Chrysler Financing and Car Loans
Cedar Rapids Car Loans - Pat McGrath Dodge Country
The Pat McGrath Dodge Country finance center works with many area lending sources to offer customized car loans and leases. This means we are able to provide you with a great low rate on your car loan in Cedar Rapids, even if you have less than perfect credit.
If you're thinking about getting a new Chrysler, Jeep or Dodge, or a used car, come down to Pat McGrath Dodge Country at 4610 Center Point Rd. N E, Cedar Rapids, IA 52402. We'll get you a the vehicle you want, at a great price, and smoothly guide you through the auto loan process.
If you would like to start the process of getting a car loan in Cedar Rapids right away, we suggest you start by understanding your budgeting options. You can apply for financing with our secure online finance application.
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Contact Information
- Pat McGrath Dodge Country
-
4610 Center Point Rd N E
Cedar Rapids, IA 52402 -
- sales Sales:
- (888) 861-7383
- phone2 Service:
- 319-393-4610
- phone3 Parts:
- 319-393-4610
Finance FAQ
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Tip!
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Tip!
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Tip!
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Tip!
Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Tip!
Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
Tip!
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Tip!
Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.