The Finance Department at Greenbrier Dodge of Chesapeake is here to help get you a great deal on a new or used car loan in Virginia - regardless of where you live in the 7 cities!!! Come in today and get a car loan for Virginia Beach.
Brandon Blythe and Greg Griffin head up our Finance Team with over 20 years of combined experience in the automotive industry. Their expertise and profound customer service skills will continue to make you comfortable and confident throughout your vehicle purchase.
Both Brandon and Greg work with multiple financial institutions to make sure that you get the best possible rates and terms on your auto loan. Its just another way our dealership is here to make purchasing an automobile a simple and pleasurable experience. Be sure to view our current finance specials to save even more on your next visit at the one and only Greenbrier Dodge!!! We are your destination for an auto loan in Chesapeake.
We help students with no credit history and those who have hit a few bumps with their credit each and everyday by customizing a loan program to your needs. Call us at 877-444-4280, or visit us in person by coming to 1717 South Military Highway, Chesapeake, VA 23320.
1717 S. Military Hwy
Chesapeake, VA 23320pause
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.