Jeep® Financing Frequently Asked Questions

August 20th, 2022 by

Jeep financing

Purchasing a Jeep® vehicle? For many buyers, this proves to be a smart investment. During the purchase, you may have some Jeep financing questions for our finance center.

Here are the questions we frequently get from car buyers.

1. What’s the Minimum Down Payment?

The minimum down payment will depend on your credit score. The higher the score the lower the minimum down payment. However, regardless of your credit history, we recommend aiming for a 20 percent down payment to minimize your loan term.

2. Is Financing Available for Pre-Owned Jeep SUVs?

Yes, we provide similar financing assistance for both pre-owned and Certified Pre-Owned vehicle purchases. As with a new car purchase, loan eligibilities will depend on your credit history.

3. What Documents Do I Need to Bring?

Have the following documents with you when you visit our dealership:

  • Driver’s license
  • Proof of insurance
  • Proof of residence (in the form of a utility bill)
  • The most recent pay stubs dating back at least two months

4. I’m Trading in My Vehicle. Can I Get an Appraisal Online or Over the Phone?

Use our online appraisal. Just enter basic information, and you’ll receive an instant appraisal based on the Kelley Blue Book trade-in value. Keep in mind, though, that an in-person inspection is required for a final valuation.

5. What Other Fees Do I Pay?

Apart from the vehicle retail price, you’ll also need to pay additional fees, such as:

  • State sales tax
  • Registration and title fees
  • Destination charge
  • Documentation fees
  • Extended warranty fee (optional)

Visit Brown’s Elkader Chrysler Dodge Jeep Ram to see our inventory of the latest Jeep models, such as the Jeep Grand Cherokee. You can always ask our dealers if you have additional questions.

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