Hassle-Free Financing for Your Next Car

Here at Schaumburg Ford, we want you to have the best shopping experience possible, which means helping you find a new or used vehicle that you will love driving and providing fantastic customer service while we do so. The last thing we ever want is for a customer to have a bad time or feel stressed out and frustrated while shopping for a vehicle, yet many people go into the financing process full of anxiety before ever sitting down.

Our financing specialists focus on providing the same high level of customer service as everyone else you will meet at our dealership. We know that talking about credit history and looking at loan offers can be nerve-wracking, but we do everything we can to keep things as simple for you as possible.

Figuring out financing does not need to be a hassle; we eliminate as much stress and worry as possible while providing you with clear answers to any questions you have. We cannot promise that finding the right financing will be as fun as taking a new Ford for a test drive, but we can make things easy and enjoyable.

You might have more options than you realize, and we believe in absolute transparency throughout the financing process, which means we will be open and honest with you at all times. This makes it easier for you to relax and be comfortable with figuring out financing, so you can drive away feeling great about every aspect of your car shopping experience.

Friendly People Ready to Help

People are at the core of everything we do here at Schaumburg Ford, which includes you (of course) as well as the amazing team of folks we have brought together. Our financing experts focus on listening to you, answering all of your questions with total clarity, and making sure you understand every aspect of the financing process.

No matter what your credit history or financial situation looks like, we want to help you get a great vehicle that you can count on for a long time. Your car financing can impact your budget and finances for many years, which is why it is so important that you get the right solution for your situation. We will work closely with you to understand everything you require and make sure you drive off with something that fits your budget and your specific needs.

Is an Auto Loan Right for You?

For most people, an auto loan is the ideal solution when it comes to figuring out financing for your vehicle—particularly if you want to own your car and cannot afford to buy it outright. This being said, there are some big differences between one loan and another, so it is important that you have someone by your side to help you navigate all of your options.

We will look at different loan offers with you, go over the rates and terms of each one, and discuss what they mean for you today and in the future. This makes it easier for us to ensure you get a loan that works for you, fits your budget, and helps you get the vehicle you have been looking for. Even if you already have an offer from your bank or another lender, we can quickly explore your options to see if we can find something more beneficial for you.

Have You Considered Leasing a New Ford?

If you like the idea of driving a new Ford for several years without making a long-term commitment to your next vehicle, then a lease could be perfect for you. Leasing means you drive a new vehicle for a few years and essentially pay for the depreciation that occurs while you enjoy it rather than buying it.

At the end of the term, you simply return your vehicle to us, sign some final paperwork, and then you are free to walk away or choose another model to lease. You can even buy your leased vehicle at the end of the lease if you find that you cannot part with it. This gives you a lot of flexibility, though it may not be the right choice if you know you want to own your next car, truck, or SUV.

We Can Help With Your Trade-In

No matter what kind of financing is right for you, one of the best ways to keep your costs down is by paying as much as possible upfront for your vehicle. A cash down payment helps with this, as does using a car you currently have as a trade-in to offset the cost of your next vehicle.

You can use our convenient tool here on our website to get an estimate of what your vehicle is worth, which gives you a sense of your larger financing situation. Once you bring your current car to us, we will give it a quick inspection and make you a fair offer for it, which means you go into the financing process with a clear picture of what your budget looks like.

Frequently Asked Financing Questions

How does my credit score impact my financing options?

Whether you need a loan or want to lease your next vehicle, your credit score tends to directly impact the kinds of offers you get for financing. A high credit score means you have demonstrated to lenders that you make payments on time and pay off your debts; this is taken into consideration and gets you better terms on auto financing.

Do I want the shortest term possible for a loan?

Although most people assume they want to pay off a loan as quickly as possible, the duration of your loan depends on what works best for you. A shorter term means higher monthly payments, while longer-duration loans have lower payments. It can be a good idea to pay off your loan quickly, but you want to make sure your monthly payments fit your budget.

What if I need extra miles for my Ford lease?

The lease agreement for your vehicle will indicate how many miles you can put on it each year. Fortunately, it is easy to add miles to this agreement if you think you will go over the limit. Simply talk to our team about how to add extra miles so you have one less thing to worry about when your lease ends.

How do I make payments on my loan or lease?

The specifics of how you make payments depend on the terms of your loan or lease, but you can usually make payments online or over the phone. Major lenders (like banks and similar financial institutions) have websites where you create an account and connect it to your loan so you can make payments with ease. We will go over all of these details with you while figuring out the financing that is right for you.

What if I need to make a late payment?

If an unforeseen situation occurs and you realize you will need to make a payment a few days late, it is vital that you contact your lender as soon as possible. Lenders typically understand that life gets complicated, and they can work with you if you contact them ahead of time when you discover the situation. Communication is essential so that your lender understands the situation; some lenders even allow for a late payment without a penalty as long as you contact them ahead of time to schedule a new payment date.

Get the Right Financing for Your Vehicle

As you can see, there are a lot of important details to figure out and keep track of while exploring your auto financing options. This is why it is so important that you shop at a dealership with friendly, knowledgeable people ready to help with everything you need. Here at Schaumburg Ford, we have put together an amazing financing team that consists of folks committed to providing fantastic customer service and ensuring you get the right financing.

We keep things simple and straightforward to ensure you understand all of your obligations when you drive away in a new or used vehicle that you love. Call or come visit us today to find out more, and let us show you how simple and rewarding it can be to shop for a car.