Unexpected costs due to car repairs can be a difficult burden to tackle. For most of us in the Boardman, Ohio, area, our cars are an essential component of our daily lives. Not only do they take us to and from work, but they also give us the freedom to go wherever we want day in and day out. We'd be lost without our cars, but if we don't have the money to pay for expensive repairs, we're faced with some tough decisions.

Some people might be tempted to keep driving even when they know there's a problem with their car. When this happens, it can often cause further damage to the car, resulting in the need for more extensive or costly repairs. Other people might be tempted to take their car to the cheapest repair shop around. Unfortunately, sometimes you get what you pay for, and a job done cheaply might not be done correctly. Fortunately, there's a third option: Bring your car to our highly trained service technicians here at Boardman Mitsubishi, and use our service financing to cover the costs.

What Is Service and Parts Financing?

Service and parts financing is a loan that allows you to pay for any necessary services, repairs, or auto parts over time, meaning you won't have to pay a large sum of money at the time of service. It's similar to a personal loan that you might take out to cover other unexpected costs. By spreading out the cost of repairs over monthly payments for a set amount of time, you'll end up paying less money upfront while still being able to secure the services necessary to keep your car in the best shape possible.

Loan terms can range anywhere from 90 days to 72 months, allowing you the flexibility to choose the option that works best for your budget. Loan amounts can be given for anything that costs from $50 all the way up to $20,000, so no service or repair is too big or too small. The annual percentage rate for service loans will vary, and we will confirm your rate after you complete the approval process.

What Is Service and Parts Financing Used For?

Service and parts financing is perfect for unexpected repairs or services that are more costly than what you can currently afford. For some car owners, expensive repairs might be covered under a manufacturer's warranty, an extended or used-car warranty, or insurance. If you're not covered by any of those, repair and service costs might become a burden.

Service and parts financing loans are commonly used for expensive car repairs. Examples of such repairs include engine replacement, transmission replacement, airbag replacement, suspension repair, or camshaft repair. These types of repair jobs can cost thousands of dollars, and if you're on a tight budget, you might not have this amount of money available.

Similarly, you could take out service and parts financing loans to buy parts for your car that you might not be able to afford. For example, new tires for an SUV can run anywhere from around $300 to $1,000 each, and a service and parts loan can help to cover their cost to allow you to make the necessary purchases to make sure your car is driving safely. If you're looking for a specific part for your Mitsubishi, be sure to check out our parts and accessories department for competitive pricing and quality parts.

Why Should I Choose Service and Parts Financing?

Before deciding if service and parts financing is the right choice for you, there are several things to consider. First, you should consider how much your car is currently worth. If your car is an older model with high mileage, you need to look at the realistic market value for your car. If the cost of repair is approaching the full value of your car or even exceeding it, then it might not be worth taking out a loan for repairs.

Another thing to consider is how much a new or used car would cost. For more extensive repairs, you might find that the cost of a new or used car wouldn't be as much as the repair itself. While browsing our used inventory, you might be pleased to find affordable used cars that would cost almost the same as your repair. If this is the case, we recommend coming down to talk to our sales team about finding a new car.

If you've decided that your car still has a lot of life left in it and the right choice is to go ahead with the repairs, choosing service and parts financing will allow you the financial freedom that comes with spreading out payments over a longer period of time.

Financing will allow you to take your car to a trusted service team, such as our staff here at Boardman Mitsubishi, to have you car repaired in a timely and thorough fashion. Your car will be given the best treatment possible, with only a small cost to you at the time of service.

How Do I Get Service and Parts Financing?

Applying for service and parts financing here at Boardman Mitsubishi doesn't get any easier. Start by entering your basic details into our online form. You don't have to provide your Social Security number, and we only perform a "soft" credit check, meaning it won't affect your credit score. You'll have quick access to possible monthly payment options so you can decide what works best for you. Once you select the payment option that best suits your budget, we'll be notified about your prequalified amount and will be happy to help you schedule your service or repair.

If your car requires a maintenance task or repair, don't delay when it comes to getting the services you need. The last thing you want to do is neglect the safety of yourself, your passengers, or other drivers on the road because you don't think you can afford repair costs. At Boardman Mitsubishi, we're happy to help set you up with a payment plan that meets your needs. If you have any further questions, don't hesitate to contact us today.