Auto Finance FAQs


Answering Your Most Common Auto Loan & Lease Questions

Ask Our Finance Experts at I20 Chrysler Dodge Jeep Ram

For all your questions about auto financing, our experts in our Finance Department in Canton can help you understand some of the most important information you need to know.  When you start your vehicle search, you want to be as informed as possible to decide how best to work the price tag into your finances.  Because cars are big-ticket items, most people would rather finance or lease rather than handing over the entire payment in cash all at once.  When it comes to financing and leasing, most people need to do a little research to understand which options are best for them.  That's where our friendly professionals in our Finance Department can help drivers in Lindale and surrounding areas along with the process and get the best deal possible by securing a loan or lease contract that best fits their needs.

Frequently Asked Questions (FAQ)

To help you with all your finance research, we have compiled some of the most frequently asked questions from our Terrell communities and surrounding areas throughout the years.  Browse the questions below, and feel free to reach out if you have any other questions.


Can I shop for a car online?

Absolutely!  Shopping for a car online is easier than ever.  We have our inventory available for you to browse online.  Once you choose a vehicle, you can schedule a test drive.  Our professional drivers will deliver the car to you for a test drive and show you all the vehicle's features.  Once you are satisfied with your selection,  you can complete all the paperwork to secure your purchase 100-percent online.  Take advantage of our online tools to help you calculate your payments, complete the finance application, and get an instant offer on a trade-in if you have one.

Is it safe to fill out online finance applications?

Yes, our online applications are encrypted and secure.  Only our experts with special permission at our dealership will have access to your information.

Does I20 Chrysler Dodge Jeep Ram offer any vehicle protections?

Yes, depending on your needs and whether you are buying a new or used vehicle, we have several options for extra protection for your vehicle beyond the manufacturer's warranty.  Some of the different protection plans are Extended Limited Warranty, GAP Coverage, Tire and Wheel Protection, Interior Protection, Wear and Tear protection for leases, and extra lease protections.

Should I purchase extra protection for my vehicle?

Choosing extra protection is a personal choice, but it's often best to have the coverage just in case, especially for a lease.  Extended limited warranties are a smart choice for used vehicles that are not covered by a manufacturer warranty and will give you peace of mind in case you need any unexpected repairs or parts replacements.

What is GAP coverage?

GAP coverage is great to have in the event of an accident.  If you total your vehicle, the insurance usually only covers the car's current value in your market.  This means that if you are financing your vehicle, your insurance may not cover the full amount owed.  Gap insurance covers this additional leftover on the loan after the insurance makes their payout so that you don't owe anything in the event of a  total loss. 

Can I get financing with zero or low credit?

Yes! At I20 Chrysler Dodge Jeep Ram, we help customers from Terrell, Athens, and our nearby communities secure financing for their vehicles.  We understand that a vehicle is a necessity, and everyone deserves to have a reliable vehicle that meets their needs.  Our dealership partners with local and national lenders to secure the best rates possible for all our customers, no matter the condition of their finances and credit.

Still Have Questions?

Contact our Finance Center today at our dealership near Tyler and Longview for all your questions about financing and leasing at I20 Chrysler Dodge Jeep Ram.

  1. I20 Chrysler Dodge Jeep Ram

    15710 I-20
    Canton, TX 75103

    • Sales: 9035678146
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Get in Touch

  • Contact our Sales Department at: 9035678146
  • Monday09:00AM - 07:00PM
  • Tuesday09:00AM - 07:00PM
  • Wednesday09:00AM - 07:00PM
  • Thursday09:00AM - 07:00PM
  • Friday09:00AM - 07:00PM
  • Saturday09:00PM - 05:00PM
  • SundayClosed