DeWildt Chrysler Dodge Jeep RAM Finance Centre

Car Financing Options in Hamilton, ON

When you begin your search for your dream vehicle, you might need to finance a part of the purchase price or possibly the entire amount, which is why we have loads of financing options available at Dewildt Chrysler to meet your specific needs. Visit us today and let us help you drive home in your desired vehicle.

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Competitive Rates

No Hassle Credit Checks

Flexible Payments

More About Dewildt Chrysler Dodge Jeep of Hamilton

Buying A Car in Hamilton, Ontario

As you shop for your next vehicle in Hamilton, Ontario, or the surrounding areas, you will want to find a trusted source to meet your specific transportation needs. At Dewildt Chrysler, we pride ourselves on delivering the best selection of vehicles at the best prices. Aside from having a new inventory full of the latest models, we also offer various services to make the process of shopping and owning your next vehicle a breeze.

How Does Car Financing Work in Ontario

Just like anywhere else in Canada, financing a car in Ontario will essentially be you borrowing money from a lender for a set period, then you will pay your monthly installment plus interest on the loan until you pay off the loan. The interest rate you get approved for will differ depending on your credit score and the amount you are looking to finance. To lower your monthly payments, you should consider bringing in your current vehicle as a trade-in towards your new vehicle purchase, lowering the principal amount you need to finance.

Financing vs. Leasing A Car

Financing or leasing a car is a topic many customers wonder about while shopping for a new vehicle, but it will depend on your lifestyle needs and how much driving you are looking to do. If you prefer owning your vehicle and having the freedom to drive it and maintain it as you wish, then financing is the way to go. On the other hand, leasing allows you to have a new car every few years, so if you value having the latest features, you should choose to lease your next vehicle. If you are still unsure and need further assistance figuring out which method is more beneficial for your situation, we encourage you to speak to our dealership's Finance Centre.

Frequently Asked Questions

What's better, buying or leasing?

This important choice comes down to your monthly budget and how you expect to use your vehicle. Leasing typically comes with a lower monthly payment than a traditional loan, but there are restrictions on mileage and customization. On the other hand, a loan may be associated with a higher payment but you will be building equity and will spend less over the life of the vehicle.

How long is a typical car loan?

We will work with you to craft the deal that works for your budget. Most loan terms will fall between 48-72 months, with longer financing terms resulting in lower payments.

I've had credit issues in the past. Can I get financing?

We’ve worked with countless customers with all kinds of credit to help them discover their financing options.

Can I finance a vehicle without a down payment?

In most cases, we can offer financing with no down payment. We can also roll taxes, registration, and fees into the financing deal if that works best for you.