4 Benefits of Getting Car Financing at Your Mitsubishi Dealer

When you're looking into getting a new or used vehicle, there's often a lot to consider. What size engine do you need? Which drivetrain is best? One of the most important questions you should answer for yourself is whether you want to purchase or lease the vehicle. However, many don't know the difference, and making big financial decisions can be overwhelming. That's why we've made this easy simple guide to explain the differences between leasing and purchasing a vehicle, and some of the pros and cons of each. more What is Purchasing? When you purchase a vehicle, you're either buying the vehicle with cash or using financing. Both are different steps toward the same goal: making you the owner. Most buyers don't have the cash on hand to outright purchase a vehicle, so they choose to finance. When you finance a vehicle, you make a set monthly payment (after a down payment) towards owning the asset. It's in your name, as is the loan. You can get the loan from a bank, credit union, or through your dealership. Once the loan is paid off, the vehicle is yours. In the meantime, you're free to treat it as you'd like - with modifications, upgrades, and anything else you desire. What is Leasing? Leasing is similar to buying, but with a very different outcome. When you lease a vehicle, you're essentially paying the dealership to drive the vehicle for a specific term. The vehicle remains theirs and is never in your name. You often have set terms, like mileage and wear and tear, that you must follow to stay within the terms of the lease. Then, once the lease expires, you're free to return your vehicle to the dealership for a new one or you can choose to purchase. Pros of Purchasing and Leasing Purchasing The vehicle is yours forever No mileage limit No charges for wear and tear Unlimited modifications Leasing Using the latest technology No worries about depreciation Typically covered by warranty during use Most advanced safety features Possible lower monthly payment Cons of Purchasing and Leasing Purchasing Higher monthly payments Larger down payment Repairs are your responsibility No control over depreciation Leasing Restricted mileage and usage Making payments toward a vehicle that you'll never own Fees for wear and tear at end of lease Purchase or Lease at San Jose Mitsubishi Once you decide to purchase or lease a new vehicle, you can contact us here at San Jose Mitsubishi to get started! We offer in-house financing and leasing options, so you can get in your new or used vehicle faster at the best rates. Still have questions? Our sales and finance teams are here to help!

No matter the time of year, unexpected vehicle repairs can become a huge burden on your wallet. Auto repair financing exists in cases when you need a costly repair that doesn't fit into your maintenance budget, and you can get financing here at San Jose Mitsubishi. With our financing service, you get the benefit of immediate and reliable repair for a monthly price that you can afford. more How Does Auto Repair Financing Work? Auto repair loans work like any other type of loan. First, you'll submit a credit application and obtain an approval through DigniFi. Depending on your credit history, income, and other factors, you'll receive approval on specific terms. The benefit of getting an auto loan straight from Hayward Mitsubishi is that you'll know that your repairs will be covered, whereas some other loans may only cover very specific repairs and exclude others. Once you're approved, we'll start on repairs right away, and you'll be left with a monthly payment set by the terms of your loan. What Services Does Auto Repair Financing Cover? When you schedule your repairs at Hayward Mitsubishi, we want to ensure that you get the full benefit of your auto repair loan. In the event that your loan doesn't cover the full cost of repairs, we'll work with you to pay the remainder of the amount so you can feel secure driving away in a fully repaired and safe vehicle. Some services that your financing covers include: Tires Alignment Powertrain repairs Collision damage Brake and rotor replacement Parts and labor Schedule Your Vehicle Service at San Jose Mitsubishi You can't always prevent expensive auto repairs, but you can do your best to maintain your vehicle. San Jose Mitsubishi has a full team of skilled technicians who can maintain and repair your vehicle here in the San Jose area. We're experts at both routine maintenance and unexpected, extensive repairs, so you can count on us to expertly handle any necessary auto service for you. Want to know more about our auto repair financing? Contact our team for more information, to get prequalified, and find out our full list of services. We're here to help you during a stressful time, so don't hesitate to reach out to learn more!

Is your current vehicle starting to cause more trouble than it's worth? Maybe you're tired of fumbling with a CD player and manual windows. When it's time to trade in your vehicle in the San Jose or Bay Area, the solution is simple: San Jose Mitsubishi. We're your one-stop shop for vehicle trades, ensuring a fast and easy process to get you into the vehicle you've been dreaming of. more How Vehicle Trades Work At San Jose Mitsubishi, we make the trading process simple and straightforward. The first step to trading in your vehicle is to determine the value of the current car you drive. You can do that by filling out our online form or dropping by. We'll make you an offer for your car's value based on its age, condition, model, and other factors. In order to make sure you're getting the best value for your car, our technicians will perform an inspection. Once we make an offer, you can apply that to the cost of a new or used vehicle from our inventory. Next, choose your new vehicle! If you've been considering making the transition to an electric vehicle, we recommend the Mitsubishi Outlander PHEV. It has everything you're used to - a gasoline-powered engine and all the best tech - along with a plug-in hybrid powertrain to get you used to driving the electrified way. You can also browse our extensive inventory of pre-owned cars, trucks, and SUVS until you find your dream vehicle. Maybe you aren't even sure what you want in your next vehicle. In that case, our sales team is happy find you a car that checks all your boxes. Once you have a new vehicle picked out, you can apply your trade-in value to the cost of your new vehicle. We also offer several financing options to get you into your next ride at the right price. The best part about trading in your car with us is that once the deal is done, no matter the condition or age of your vehicle, you get to walk away and never worry about it again. Trade In Your Car at San Jose Mitsubishi When you're ready to trade in your vehicle, pay us a visit at San Jose Mitsubishi! Contact us today to learn more and check out our online inventory to find your next new car.