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Truck Finance

Truck Finance Terms Used

There are many different types of extras and policies that can be added to a plan or part of a truck finance contract that you may be unsure of. Getting a good truck finance plan requires your full understanding of the terms and conditions; therefore it is vital to know the ins and outs of the policy you are getting. Some things that you should look for in a truck financing plan are as follows.

Extended Service

Extended service on a truck finance plan is simply referring to the service you get after your regular service coverage is up. An extended service plan allows you to receive free or discounted prices on getting your truck serviced for things such as oil and replacements. For instance, if you need to have your brakes changed and you are past the time of your regular service coverage, if you have the extended service plan you will get the financial coverage that you need so that you are not obligated to pay out of pocket costs for the repairs. Extended service can really save you a lot of money in case your truck ends up needing repairs of any kind.

Cash Rebate

Cash rebates are a great thing to look for when getting your truck financed. Knowing that you are getting cash back on a plan can be very beneficial to you. Cash rebates are a much better deal for you than simply getting a discount on the car because with a cash rebate you can be assured that you are actually getting the money that you have been promised to receive as part of your truck financing plan.

Avoid Add-Ons

When it comes down to it, a truck dealership is going to try to get the most amount of money out of you that is possible, therefore they will most likely try to sell you extra add-ons to the truck that will end up costing you quite a bit of money. When they have things like extra paint coats and window tinting, they can rack up some pretty hefty bills for you, especially if they need to send the truck somewhere else to get the treatment that is desired. Try to avoid these add-ons at all costs and if you want them after the purchase, get them on your own. If you have any questions, please visit our Frequently Asked Questions page.