If your new car is in danger of being repossessed, finding solutions is of the utmost importance in the Mesa. For many, the first step is asking, “can you defer a car payment?” For some Surprise drivers, the answer is yes–but it may not be the case in every instance. So what is payment deferment on a car loan? It’s a temporary fix – the lender allows the borrower to skip a payment or two and adds the missed payments to the end of the car loan.
Wondering what to do if you can’t make car payments? The finance experts at Cactus Jack's Auto area here to help you out. We understand that sometimes things happen, and you’ll want to be prepared for that. So if you find yourself thinking, “I can’t make my car payments; what are my options?”, we have your back. Read on to find out what to do if you can’t make car payments. Still looking for an affordable option to drive home to Mesa? Explore our $500 down options.
While you’re reviewing your financing options for your new , you may be wondering, “What is an unsecured car loan?” Unsecured auto loans are loans in which the car is not considered collateral. Our finance department can help walk you through your different finance options so you can find one that works for your budget and credit history.
Even when you buy a used vehicle in Phoenix, it’s possible to get a car loan from a finance center. The two types of car loans are compound and simple, usually calculated as a percentage as the principal amount. For a compound loan, you pay interest on the interest of previous periods. Simple interest loans are different because it only involves playing them on the principal.
Have you leased one of Cactus Jack's Auto’s used cars and really love driving it in Mesa — so much that you want to buy it? You can make it your own with a car lease buyout! What is a lease buyout? Essentially, it’s when you outright purchase a vehicle you’ve leased. There are two ways to do a car lease buyout, and our finance team is here to walk you through the basics of how a lease buyout works.
Searching for used car dealerships with bad credit financing? Simply want to understand how to finance a used car? Just because you have a poor credit score doesn’t mean you can’t get behind the wheel of your next car, and just because used cars are cheaper options doesn’t mean that you don’t require financing. Connect with the team at Cactus Jack's Auto today for more information on financing any of the used cars in our inventory near Mesa!
If your car lease is nearing an end, you have two options: trade in your car for a new lease, or buy out your lease in order to own the vehicle. If you love your car and wouldn’t prefer any other similarly priced model, then you’ll want to know more about how to calculate a lease buyout. In this guide from the Cactus Jack's Auto finance center, we’ll answer common lease buyout questions from Mesa drivers to help you determine your next steps.
Some buyers aren’t sure whether leasing or financing a car is a better option at the time of purchase. If that’s the case for you, leasing offers more flexibility later on. That’s because you can decide to buy out your lease at any point — turning your leased vehicle into a financed vehicle — but a financed vehicle cannot be turned into a lease.
Selecting the right auto financing option is a key part of buying a new car — and it can be a challenge if this is your first time applying for a larger loan. Before you sign on with a lender, be sure to investigate your options carefully to determine which route best suits your needs and financial situation in Mesa.
Are you looking for used cars with in-house financing near Arizona? Cactus Jack's Auto is your one-stop shop for all things automotive. Not only do we offer an extensive range of high-quality pre-owned models, but we’re proud to offer in-house financing on used cars to help you save serious money. Get to know the benefits of in-house financing, and see why Cactus Jack's Auto is such a great place to shop for Mesa and Surprise drivers.