Automotive Repair Financing
Jim Jennings Transmissions understands that occasionally we all run low of cash or credit and car repairs can be expensive. We have had many customers over the years trade their car or truck in because they were able to use it as down payment on another vehicle. If you run the numbers it doesn't take an Einstein to realize spending $15,000, $20,000 or $30,000 to fix a $2,000 to $3,000 problem is probably not the best financial decision one can make.
The advantage of buying another car or truck, besides the new smell, is that you may not have to make a payment for thirty days. That decision gets you out of the most pressing problem but that first payment will be followed up by thirty five to ninety five additional payments. If it's a new vehicle, Consumer's Reports predicts you'll lose 47% of it value within the first three years.
Should you decide it makes more sense to repair your current vehicle and make fewer and smaller payments, we can help. We have had a great relationship with two local lenders. They are Lendmark Finance who can be reached at 410-282-4472 and Mariner Finance at 410-686-4711. They have helped many of our customers get past a rough spot over the last decade. Sometimes a ten minute call to one or the other before you bring it in for a diagnosis takes some of the worry off your mind......... how to pay for it if it is a major repair. They can keep the payments low with a one, two or three year term loan.
We at Jim Jennings Transmissions have, on occasion, been able to come to the aid of our customers with alternative ways of financing. If you have been unsuccessful with Lendmark, Mariner or other financing options, don't give up. Talk to us.
Jim Jennings Transmissions has been recommending Lendmark Finance for years. They allow our customers to apply by phone which takes about 10 minutes. Once approved and the work is complete, Lendmark sends the loan papers to us by Fax on the day you're picking it up and it only takes another 10 minutes to complete. Lendmark's loan has a "90 day same as cash" feature which means if you make your first two monthly payments on time and then pay it off within 90 days, any interest you paid will be refunded.
For additional information please contact Jim Jennings Transmissions, or Lendmark Financial Services directly at 410 282 4472.
*Visit https://www.lendmarkfinancial.com for specific details regarding the terms, conditions, and loan qualifying process.
Jim Jennings Transmissions is pleased to have Mariner Finance as one of our lending partners. With the assistance of a personal loan from Mariner Finance, our customers are able to pay off an unexpected and costly auto repair expense over two, three or four years at a fixed interest rate. Personal loans secured through Mariner Finance can be secured with the assistance of a co-signer, secured by an asset, or it can be unsecured. Unsecured loans are based upon individual credit history as well as other financial considerations.
For additional information please contact Jim Jennings Transmissions, or Mariner Finance directly at 877 310 2373.
*Visit https://www.marinerfinance.com for specific details regarding the terms, conditions, and loan qualifying process.