More than just getting you approved for your vehicle purchase, our Business Manager Larry Panzeri will help you for years to come. From great finance rates to service contracts and rustproofing and GAP insurance, he'll help you understand your options and assist you in finding the protection that's right for you.
Service Contract
A mechanical breakdown policy that covers the costs of parts and labor for covered repairs. Available with various coverage levels and deductible options. May also include rental car reimbursement and a towing allowance for covered repairs.
Maintenance (Vehicle Care)
Prepaid maintenance programs that may include oil and filter change, 20 point inspection, fluid top off, routine lubrications and tire rotation with every other visit. Available in various terms and mileage intervals.
Guaranteed Auto Program (GAP)
Will pay or waive the difference between the actual cash value and net loan payoff in the event your vehicle is a total loss due to fire, theft, or collision. May also include reimbursement of an insurance deductible.
Appearance Protection
Protects the exterior finish of your vehicle from oxidation and the elements, and the interior from staining, fading and aging. There is a limited warranty on covered damage.
Windshield Protection
Windshield treatment works to protect the vehicle by improving repellency and clarity while strengthening glass. Additionally, it covers repairs of chips and cracks or replacement of the windshield if the damage is irreparable.
Rustproofing and Undercoating
24 Performance Dr
Across from Staples
Bennington, VT 05201pause
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.