RAM Financing FAQ for San Diego Car Buyers

Today’s trucks and SUVs come with a long list of desirable features. But that comes at a price — literally — and might leave you with a number of questions, not least of which is “How will I pay for this?” Luckily, your answers and RAM financing you can count on are right here at Kearny Mesa Chrysler Dodge Jeep® RAM.

How does RAM financing work?

The lease or loan on your new RAM truck starts with a check of your income, credit score, and payment history. That, in turn, determines your financing rate or the kind of lease you may qualify for.

It’s a good idea to pre-qualify ahead of time, since that will give you an idea of the kind of financing you can get, and the kinds of payments you can afford month-to-month.

What if my credit’s not very good?

When that happens, you may find it harder to qualify for a lease, or for certain RAM truck lease and finance offers; you may also find that you have to pay a higher APR. But it’s exceedingly rare that someone doesn’t qualify at all, since we work with alternative auto lenders in addition to Chrysler Capital.

Does leasing a RAM truck make sense?

It depends. If you’re not doing too much driving, and if you take good care of your vehicle — car, truck, or SUV alike — leasing is a great way to keep monthly payments low. But if you routinely drive long distances, or if you’re putting a lot of wear and tear on your vehicle, it might make more sense for you to buy instead.

I’d like lower monthly payments, but I don’t want to lease. Can you help?

There are a few ways to do this:

• Make a bigger down payment
• Trade in your current vehicle
• Choose a longer loan term if you’re okay with a slightly higher loan cost overall

What else can I finance?

Quite a bit. Used car financing is popular, and other incidentals (like fees, taxes, protection plans, and even accessories) can be tacked onto your loan too.

Will my car loan’s interest rate change the way my credit card rate does?

No, because it’s a different kind of loan. Whatever your rate is when you sign on the dotted line at your San Diego RAM dealership, that’s the rate for the duration of the loan.

What if other questions come up?

They will, and we’ll be here when they do. All you have to do is pick up the phone, email, or just stop by Kearny Mesa Chrysler Dodge Jeep RAM for quick and accurate information on all your automotive questions.