Mechanical Services Financing Guide

What happens if you find that the strange noise your car is making is due to serious engine damage? Perhaps your catalytic converter was stolen from under your car and now you're stuck paying for a replacement? Unfortunately, costly vehicle damage can be unpredictable and difficult to prevent even with regular maintenance.

In some cases, car insurance will help cover the mechanic's bill. In other cases, you may face repair costs in excess of your salary. At Chapel Hill Tire, we help customers with unexpected auto repair costs by partnering with Snap Finance. Here is our quick guide to auto mechanic financing. 

Snap Finance for mechanical services

Here at Chapel Hill Tire, we partner with Snap Finance to help drivers meet unexpected expenses. This option provides financial benefits for drivers with little or no credit, including:

• High approval rate: Snap Finance says yes when other lenders say no, even if you have no credit or bad credit.
• Fast and easy financing: Their quick and easy application process can be completed online in no time. Best of all, you get an approval decision in seconds. 
• Flexible payment options: Snap Finances provides customers with multiple payment options, allowing you to choose a plan that fits your budget. 

Similar to financing with a credit card, this option has several considerations:

• Various funding structures: Every offer and contract you receive from Snap Finance is tailor-made for you. Since there is no general funding or fee structure, it is important that you read your offer carefully to make sure you fully understand your Snap contract, fees, final payout amount, and other details. 
• Minimum requirements: While Snap Finance is known for its high approval rates, you need to meet their minimum requirements outlined here. 

Credit Card Mechanic Financing

As an added benefit for drivers, many customers fund their mechanic services with one of their existing credit cards. This is ideal for drivers who have credit cards with low interest rates and high credit limits. Funding with a credit card has a number of benefits, including:

• Existing account: When funding with an existing credit card, you won't need to fill out an application or create a new account. 
• Bonus programs: If you receive rewards, cashback, or other credit card perks, you can take advantage of these benefits while still giving your car the care it needs.

However, this option has several considerations:

• Credit card capacity: Naturally, you will first need to make sure that you have sufficient credit facilities to fund your mechanic services. If necessary, you can request an increase in the credit line. Many credit card companies offer instant responses to requests for credit line extensions.
• Credit limit: Placing your mechanical account on your credit card can maximize your credit limit and limit the routine charges you might normally apply to the card. 

If you have a high interest rate on your credit card, it may be helpful to see how that rate compares to other financing options. Naturally, the lower your APR, fees and additional costs, the less money you will have to pay for your services. 

In addition to your credit card and mechanic's financing options, you may want to consult with your bank to explore your loan or personal loan options.

Financing Chapel Hill Tire Services

We at Chapel Hill Tire are committed to helping our customers drive happily and are excited to offer drivers new ways to take care of the car they need. If you're looking for a local mechanic shop with financial services, look no further than the nearest Chapel Hill Tire Shop. 

We have nine convenient offices in Chapel Hill, Apex, Carrborough, Durham and Raleigh. Chapel Hill Tire also proudly serves nearby communities including Nightdale, Cary, Pittsboro, Wake Forest, Hillsborough, Morrisville and more. We invite you to book an online meeting, check out our promotions, or give us a call to get started today!

Back to resources