Learn More About Financial Services in Dothan, AL
Learn More About Financial Services in Dothan, AL
You might know that the finance department deals with leases and financing, but they actually handle more than you may realize, which can be anything from warranties to trade-in values. Our financial services department assists customers with a variety of financial issues, making sure that our customers are taken care of and have a financial plan that works best for them. To learn more about how the finance department can help, keep reading.
Manufacturer Rebates
Vehicle manufacturers frequently offer rebates toward the purchase or lease of a car. The most common recipients, including college graduates, military personnel and veterans, and they are used as an appreciative gesture for the work they've done.
Extended Warranties
An extended warranty covers repairs for your vehicle for a set amount of years past the expiration of the original manufacturer's warranty. The manufacturer's warranty expires after a number of years or when a specified mileage is reached. However, the extended warranty usually must be purchased before the expiration date of the manufacturer's warranty, and if you are able to buy one afterward, it is often more expensive.
Filling Your GAPs
Your main auto insurance may not be able to cover the cost of your vehicle if it is declared a total loss because of situations like accident or theft. This settlement often depends on the car's market value, which might be less than the balance owed on your finance or lease contract. This is where GAP (guaranteed auto protection) insurance can help. GAP helps the remaining amount after settlement with your auto insurance.
Trade-In Values
If you want to apply your current vehicle's trade-in value towards a purchase or lease of another vehicle, many dealerships offer quick estimates. Some dealerships will even add a bonus amount towards your estimate as a reward for doing business with them.
When it comes to auto financing, it's always best to learn as much as possible about your available options. Whether you are buying and leasing or need special services and programs, you have several decisions to make when buying and maintaining a vehicle. To learn more about the financial services provided at Toyota of Dothan, feel free to contact us today or stop by our dealership at 2285 Ross Clark Circle, Dothan, AL 36301 for a test-drive. We look forward to serving customers from Ozark and Enterprise.