Terry’s Ford of Peotone Offers Fantastic Auto Financing Rates for Gary Drivers

Gary drivers always head straight to Terry’s Ford of Peotone for flexible and hassle-free auto financing. Our team are able to access millions of dollars of credit from a wide and diverse range of sources, so we can provide a number of options for you to choose from, whether you have good credit, bad credit, or no credit history.

We’re always here to provide help and assistance, so just follow these simple directions to reach us from Gary, IN:

  • Get on I-80 W/I-94 W/US-6 W from W 11th Ave and Grant St
  • Follow I-80 W/I-94 W/US-6 W and IL-394 S to W Goodenow Rd/Main St in Crete Township
  • Follow W Goodenow Rd to IL-50 S in Monee Township, then turn left onto IL-50 S before making another left onto Peotone Beecher Rd and finding us on the right at 363 N Harlem Ave.

Leasing a Vehicle

Leasing means that you’re essentially renting the car over a few years, and it comes with a number of benefits and drawbacks:

The Benefits 

  • Lower Cost: Since you’re only paying for a percentage of the car’s value, both the monthly payments and the initial down payment will be lower.
  • The Latest Features: Lease terms usually last around three years. At the end of that time, you can upgrade to a brand new model equipped with cutting-edge features.
  • Warranty Coverage: The lease term should be covered by a new car’s bumper-to-bumper warranty.

The Drawbacks

  • Mileage Restrictions: You’ll typically be limited to either 9,000, 12,000, or 15,000 miles a year.
  • No Equity: Your monthly payments won’t go towards building equity in the vehicle.

Buying a Vehicle

Many Gary drivers still prefer their auto financing to cover the complete cost of the car.

The Benefits

  • Building Value: Once the loan is paid off, you’ll be able to drive without worrying about any monthly payments at all.
  • Freedom: You can drive as many miles as you want and make any alterations you fancy.

The Drawbacks

  • Uncertain Resale Value: It’s tricky to determine what a vehicle will be worth in a few years’ time.
  • Cost: You’ll need to save for a sizeable down payment, and commit to larger monthly payments.

Whether Leasing or Buying Outright, Terry’s Ford of Peotone is Here to Help

It doesn’t matter whether you’d rather lease or buy, our financing department is committed to sourcing the most advantageous rates available to get you in the vehicle of your dreams for less than you could imagine. For more information, contact one of our team members today or call us on 888-832-3250. We can’t wait to help all of our Gary, IN customers with financing or leasing their next vehicle!