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Financing

San Diego, California, Car Loans

Bob Baker Chevy Subaru of El Cajon has a credit program to fit most any buyer or situation. We work with almost 40 banks and leasing companies to select the program that is best for you. We also have Special Finance Sales Agents that can help you reestablish credit if you ran into a tough spot. Just complete and send us the Credit Application that follows and we promise to get someone back in touch right away...

  • Comprehensive Financial Services on site, with manufacturer, bank, and credit unions.
  • Competitive rates to provide you with affordable car payments.
  • Full range of Auto Insurance & Vehicle Protection Plans.

Bob Baker Chevrolet Subaru also has loan programs for people with bad credit.

Before submitting your information please be aware that the Bob Baker Auto Group dealerships maintain a Privacy Policy to protect your information.

Finance Application

Important Information You Should Know.

Click Here for Understanding Vehicle Financing.

Click Here for An Insiders Guide to Vehicle Financing.


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Financing Navigation

Contact Information

Bob Baker Chevrolet Subaru

900 Arnele Avenue

El Cajon, CA 92020
workSales:
1-800-518-6951
serviceService:
1-800-518-6976

Finance FAQ

Check out our online finance FAQ section for important information regarding car lease and loan characteristics.

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Tip!

Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.

Tip!

Owning a lease vehicle is possible if purchased outright after the lease period ends.

A typical lease period runs between 24 and 48 months.

Tip!

Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.

Tip!

Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.

Tip!

Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.

Tip!

Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.

Tip!

Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.

If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.