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Do You Need Full Coverage on a Used Financed Car?

Driving on the Open Road

 

Do you want to know how to finance a used car around Canton? If so, you’re in the right place. You probably have lots of questions, such as, “Do you need full coverage on a used financed car?” Don’t worry, the finance center at Shottenkirk Chrysler Dodge Jeep Ram is here to help. Our team of finance experts explains all the details here and is available to walk you through the whole process.

From used car search to final signature, we are your best resource for auto loans.

Insurance Requirements for a Used Financed Car

So, do you need full coverage on a used financed car? Yes, you do. Most states don’t require you to have it when you drive your car off the lot. But, lenders want to ensure their investments are protected, so you’ll need to get full coverage insurance as soon as you can. Most auto lenders require you to have full coverage regardless of whether your car is new or used.

How Many Years Can You Finance a Used Car?

When financing a used car in Woodstock, the sales agreements will spell out how many years you can finance the used car. You’ll make payments for that amount of months until you’ve fulfilled your contractual obligations. Once you’ve done that, you’ll receive your title. In most cases, full coverage insurance is required for the duration of the contract term.

How many years you can finance a used car depends upon the dealership, the price of the vehicle, and the year of the model. It can be anywhere from two to six years.

What Documents Are Required to Finance a Used Car?

When you’ve selected your new Jeep or Chrysler from Shottenkirk Chrysler Dodge Jeep Ram near Roswell, the finance team will ask you for the following information:

  • Valid Driver’s License
  • Your Auto Insurance Card
  • Proof of Employment

Remember, Shottenkirk Chrysler Dodge Jeep Ram takes all the hassle out of auto financing. You can start the process today by completing a finance application online.

Finance a Used Car With Shottenkirk Chrysler Dodge Jeep Ram

Now that we’ve addressed your questions about how to finance a used car, remember the team at Shottenkirk Chrysler Dodge Jeep Ram is here to help. Are you ready to take on Cumming roads in your new Dodge? Contact us today, and we’ll make your auto dreams a reality!

 

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