Down Payment Assistance Program | Rogers Auto Group
Rogers Auto Group Announces: The Down
Payment Assistance Program
If you are struggling
to save enough to make a down payment for an auto loan, there are down
payment assistance programs available to help.
Looking for a new car and your credit isn't the greatest? The down payment assistance program is perfect for you. NO CASH NEEDED. We recognize the sacrifices you make in an effort
to save enough money to make a down payment on a new car, and you may
meet the total qualifications necessary to actually get the payments
you could afford. For some, it just seems impossible! Unfortunately,
many eligible car buyers simply have no idea that there are programs
out there to help with down payment assistance. If you're looking for
down payment assistance, you've come to the right place.
You can now afford an auto loan down
Many times in this economy people have the money to
afford the monthly payments, but coming up with a large bundle of cash
for a down payment can be a struggle. Even if you have poor credit you
are eligible for these kinds of auto loans with the down payment
assistance program. There are restrictions on the use of the money. You
have to use it on the purchase of an eligible new vehicle.
What's a down payment?
A down payment is the amount of money a car buyer must
come up with out of his or her own pocket before qualifying for an auto
loan. It represents a fraction of the total cost of the new car.
In the past, down payments were generally 20 percent of the total
purchase price. But, in line with the trend to make bad credit auto
loans accessible to more people, that number has shrunk. Today, a down
payment is not even needed for most cases, and for others the Down Payment Assistance Program is perfect.
How does it work?
In simple terms, a down-payment assistance program
involves having the finance company or manufacturer provide the new car
buyer with cash for a down payment. By taking part in this program, the
finance company can potentially attract a larger number of car buyers
to finance through their company. Since Rogers Auto Group is a Premier
Lending Dealer, we are offering this assistance to Chicagoland
bad credit buyers. Most other Chicago Car Dealers are NOT offering this
program. Down payments covered by these programs generally fall in the
range of $500 to $5000, depending on the consumer's credit situation
and vehicle they choose. See Rogers Auto Group for details.
Too good to be true?
There are some excellent down-payment assistant
programs. There are also some dubious ones. It's important to confirm
that you qualify for this program by picking out a vehicle that offers
this assistance. Rogers Auto Group can help you with that. We are
required to adhere to a prescribed set of best practices and a code of
ethics, so you'll be in good hands.
Call us today to take advantage of the Down Payment Assistance Program.
Call us for complete program details.
Rogers Auto Group reserves the right to revoke participation in the
program at any time. Down payment assistance may be in the form of new
car rebates plus finance bonus cash from ALLY Financial or Hyundai Motor Finance. Manufacturer rebates can be used as a down payment regardless of credit score with approved credit.