McGrath Automotive Group Finance Center

McGrath Automotive Group Finance Center in Morton Grove

We're here to help you buy your new vehicle!

When buying or leasing a new or used vehicle, finding the vehicle you'd like to drive home is only half the journey. The other half is finding a finance option suiting your unique needs. The finance team at McGrath Automotive Group is ready to work with Morton Grove area drivers to find an auto loan, leasing deal, or finance package. From our team of finance professionals to our array of digital tools, drivers can look forward to a distinctly modern finance experience at McGrath Automotive Group.

Financing Made Easy

We provide drivers with multiple ways to expedite the finance process. Utilize our Estimate Monthly Payments tool to get an idea of your monthly payments. Our Value Your Trade tool helps drivers interested in trading in a vehicle get trade-in estimates. Drivers looking to start the loan approval process can get a jump on things by filling out our online finance application. We're all about convenience at McGrath Automotive Group in Morton Grove. If our digital tools aren't ideal, contact our finance team to speak with an in-house finance expert serving Skokie, Niles, and Cook County.

Auto Finance Vocabulary

  • APR: The Annual Percentage Rate
  • Assignment: A transfer of a loan from one lender to another
  • Base Price: The cost of a car with standard equipment, incentives, and freight
  • Certificate of Title: A legal document issued by a state at the time of sale
  • Co-signer: A person who takes on a loan if the original borrower stops paying
  • Default: Failure to meet the terms of the loan
  • Interest: A percentage charge for a loan
  • MSRP: Manufacturer's Suggested Retail Price
  • Refinance: When one loan is used to pay off another
  • Term: The length of the loan (24, 48, 60 months)
  • Underwriting: Verifying the data used to obtain a loan

Finance FAQ - McGrath Automotive Group Morton Grove

Can I get financed with bad credit?

Yes. McGrath Automotive Group in Morton Grove works with multiple lenders to secure financing for customers throughout Skokie, Niles, and Cook County with various credit situations, offering competitive rates.

What documents do I need for financing?

Typically you'll need driver's license, proof of income, proof of residence, and proof of insurance. Our McGrath finance team in Morton Grove guides you through all required documentation for the northern suburbs.

How long does the financing process take?

With our online finance application, pre-approval can happen within minutes. Our Morton Grove team works efficiently to get customers on Waukegan Road, I-94, and throughout Cook County approved quickly.

Should I finance or lease?

The choice depends on your driving habits and financial goals. McGrath Automotive Group in Morton Grove helps customers throughout Skokie, Niles, and the Chicago area determine which option suits their needs best.

Can I apply for financing online?

Yes. Complete our secure online finance application anytime. McGrath Automotive Group in Morton Grove processes applications for customers throughout Cook County and the northern suburbs efficiently.