Auto Service Financing

Auto Service Financing

One of the biggest and most diverse industries of the world is the American automobile industry. This industry is constantly being updated with cutting-edge technological developments for all its cars and pickup vans. At the same time, the fundamental need for repairs and service is always present, which means that service outlets of manufacturers such as Ford also need to update technologies accordingly.

Now, the more a vehicle travels, the more it will need repairs. Certain vehicles such as delivery vans are even more on the move than others, creating the need for a facility like auto servicing finance. If service costs seem to be constantly escalating and are becoming difficult to pay on time, you must choose the parts and service financing option at Pinnacle Ford. The dealership allows you to pay service costs as per flexible monthly plans once you opt for auto service financing in Nicholasville, KY and the greater Lexington, KY area.     

Eligibility criteria

A pre-qualification will first be necessary to check if you are eligible to be financed as per the available scheme at Pinnacle Ford. Pre-qualification can be completed using an app from the company, for which you will be required to provide the following details about yourself: 

  • Your email address

  • Details of your state ID or driver’s license  

  • Your email ID

  • Valid debit card details

Other than what is mentioned above, you will also need to be above the legal age of 18 years or above on the day you apply for the loan. Also ensure that you have a physical street address, or possibly an AFO/APO address. Once you pre-qualify successfully, you will be in a position to see your APR, monthly payments, and the details of finance charges here. This pre-qualification will stay valid for 14 days.

What advantages will you get from auto service financing?

You want your vehicle to remain roadworthy for a long time, don’t you? If you really want or need to travel, it is important that not being able to afford services and repairs should not act as a hurdle. In fact, by making easy payments on repairs, you will gain these advantages:

  • You will always be able to avail the best deal 

  • Financing will be available despite your current credit status. There is no impact on your credit score during pre-qualification. 

  • You will be allowed to select from several personalized payment plans

  • You will never be asked to pay any hidden charges

  • Make payments through interest-free EMIs from different finance companies

  • Your personal data will never be shared. The finance company makes use of encrypted data during transactions.

  • Loans here take very less time to get processed

  • You are not required to make a down payment

  • Loans are processed using apps, which eliminates the need for you to go through piles of paperwork

  • You may even be eligible for 0% APR for 3 months. This plan can be found at dealers participating in this finance scheme. Despite the plan, actual APR will always be determined on the basis of down payment, state of residence, and creditworthiness. 

Once you fill up the form at Pinnacle Ford and subsequently pass the pre-qualification, an amount of about $4000 will be allocated to you as per the decided terms.