Budgeting for a New Car

At Mike Toler Chrysler Dodge Jeep® RAM, we offer plenty of vehicles that are available with a wide range of options and in a number of different trim levels. Basically, if you've had your eye on a new Jeep SUV, we most likely have a vehicle that suits your budget. We also offer the financing tools that you need to see if a monthly payment for one of our cars, trucks, or SUVs is affordable.

Our RAM financing department lets you apply for financing online, so you already know a bit about where you stand before you set foot into our dealership. That's not all our website has to offer though. You can also value your trade-in. If you have a current vehicle that you plan to sell to our Dodge dealership, we can tell you approximately how much it's worth. This can help you determine how much money you need to have for a down payment, or you can decide to make a larger down payment and finance less of the vehicle's total cost.

Then it's time to use our payment estimator. Just plug in some important information, like the price of the RAM truck you're interested in, the APR of your loan, and the amount of the down payment. You also need the loan term, which is how long you plan to take to pay back your loan. The most common time frame is five years, but you can opt for a shorter or longer period. A shorter loan term means higher monthly payments and less interest paid overall.

Once all of this information is in, you can see if a monthly payment for your desired vehicle fits into your budget. From here, you just have to consider other costs like insurance, fuel, and registration fees. Visit our Chrysler dealership serving Cherry Point, NC and find a great vehicle that you can afford today!

Categories: New Inventory
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