Lubbers Chevrolet - Ford

944 N. Main
Cheney, KS 67025
Phone: 316-540-0011
Fax: 316-540-0436

Finance

It’s been said that car buying is often the 2^ndbiggest purchase that many people make. While it’s true that new vehicles are expensive and even used ones can fetch a tidy sum there’s still hope for your budget. Used cars are selling at a high percentage of the cost of like new models and because of that your trade may be worth more than you think. 

And fortunately you have many financing options to choose from. For people with the very best credit or even those who have hit a few speed bumps along the way there are financing options that make this a great time to buy a new or pre-owned vehicle.

First of all interest rates are about as low as we’ve ever seen them, secondly many banks and lenders are being really aggressive making car loans. This translates into no fees, longer terms and lower down payments required.

Let’s Get Started!

Balloon Financing- This financing option combines the benefits of leasing and owning. You pay only the anticipated depreciation of the vehicle, plus any finance charges and taxes. A couple of different options are available, depending on the mileage you expect to drive. Your Lubbers business manager will help you arrange financing for a 24-, 36- or 48-month term. At the end of the term, you can either make a final balloon payment to buy the car outright or turn in the vehicle to the dealership.

Leasing- A lease can be a good way to have a more affordable payment than when buying a car. Your lease payment covers only the vehicle depreciated value (plus the lessor's monthly finance charges), not the entire purchase value. Most vehicles are leased for 24 to 48 months, then returned to the lease company. We don't recommend leasing a vehicle for longer than its general warranty. For people who drive an average number of miles and take good care of their vehicles, leasing is a good financing alternative. Note: If the vehicle incurs excessive wear and tear or mileage during the lease period, a fee will be assessed when the vehicle is turned in.

Vehicle Service Agreements- A service agreement offers extensive coverage of mechanical, electrical and computer components after your basic factory warranty expires. This protects you against the rising cost of parts and labor. It also provides towing and substitute transportation as well as travel protection should something happen while you're away from home.

GAP (Guaranteed Auto Protection)- If your vehicle is ever declared a total loss, GAP guards you from an unexpected financial obligation by covering the difference between what the insurance company will pay and the balance due on your loan contract or lease agreement. It also provides deductible coverage if a deficiency balance exists at the time of the loss.

Maintenance -The Lubbers Worry Free Maintenance Plan let’s you roll your car’s future maintenance costs into your monthly payment. It also protects from the ever rising repair shop prices.   

Credit Insurance- In the event of your death, Credit Life Insurance pays the covered balance on your loan contract or lease agreement. If you are disabled because of an injury or extended illness, Credit Disability Insurance covers your monthly loan or lease payment. Benefit payments are made regardless of other insurance coverage. No physical is required to qualify for credit insurance, and you are covered immediately upon approval of your application.

Tire and Wheel Protection– The road hazard tire and wheel program provides coverage for the only part of your vehicle that touches the road and the only part that is not covered by the manufacturer’s warranty. Protect your wallet from the unexpected cost of repairs. You’ll also receive the benefit of emergency roadside assistance 24 hours a day, 7 days a week. 

Zurich Shield- Designed to keep your vehicle looking good inside and out for years to come. Zurich Shield protects paint surfaces from weather induced fading and loss of gloss, acid rain, bird droppings, tree sap, hard water etching and industrial fallout. Interior treatment seals out water and oil based stains, extends the life of fabric and carpet, contains inhibitors to delay fading and makes clean up easy. Helps retain natural softness of leather interiors.

Wade Kuhlman Finance Director Phone  877-326-6992 finance@lubberscars.com