Subaru Car Financing near Chicago, IL

 

Welcome to Our Financing Department

Welcome to Grand Subaru's Finance Department, your auto loan and car lease resource. We're eager to provide financing for your new car, or we can assist in used car financing. Check out our online car loan calculator for an instant car loan rate. Then, proceed to our online finance application.


When buying a new vehicle, it is important to understand some of the finance terms that lenders may be using. Hearing unknown financial vocabulary can be confusing and overwhelming. We at Grand Subaru have created a brief list to help you familiarize yourself with some of the terms you may hear when purchasing a vehicle.


·         Buyout Price: This is the amount of money that you will pay if you purchase a car after leasing it.

·         APR: The annual percentage rate, which is the interest rate you will pay on a loan over the loan's entire term.

·         Credit Score: This is a number which represents your financial history. The number will determine how much money you will be loaned and at what rate.  

·         Depreciation: The initial cost versus the value after a given period of time.

·         MSRP: The suggested price of a vehicle from the manufacturer.

·         Down Payment: The amount of money a customer pays upfront on a vehicle prior to financing the rest.

·         Pre-Approval: When a financial firm agrees to loan you a certain amount of money prior to making a purchase.

·         Equity: The value of your car taking into consideration the amount still owed on it.

·         Lease: When a person finances a car, basically 'borrowing' the car for a specific amount of time for a specific amount. 

Grand Subaru

125 W. Grand Ave.
Directions Bensenville, IL 60106

  • Sales: (888) 840-3934
  • Service: (866) 455-7549
  • Parts: (888) 781-9086

Hours

  • Monday 09:00am - 09:00pm
  • Tuesday 09:00am - 09:00pm
  • Wednesday 09:00am - 09:00pm
  • Thursday 09:00am - 09:00pm
  • Friday 09:00am - 06:00pm
  • Saturday 09:00am - 05:00pm
  • Sunday Closed