Castle Volkswagen of Schaumburg Finance Center

FINANCE DEPARTMENT

The Castle Volkswagen finance department has experts who are here to help you get approved with the quality car loan you're looking for. We proudly serve the communities of Schaumburg, Elgin, Arlington Heights, Bloomingdale, Barrington, and more. Customer satisfaction is what we strive for and we are always offering great incentives to help make your car-buying experience easier.

The finance department wants nothing more than to see you behind the wheel of your dream car. Making sure you get the financing you need at a rate you can afford is what we specialize in. The Castle Volkswagen financing department is here to answer all your questions and guide you through getting a great new car loan.

Financing Made Easy

At our Volkswagen dealership, we provide drivers with multiple ways to finance their next vehicle. If you are exploring financing options, you can visit our Finance Application page to get a quick glance at potential monthly payments.

Another helpful online tool is our Trade Value Calculator, where customers can estimate their potential trade-in value. If you would rather connect with our team, please visit our contact page.

Auto Finance Terms to Know

  • APR: The Annual Percentage Rate represents the total yearly cost of borrowing, expressed as a percentage, including the interest rate plus fees.
  • Assignment: A transfer of a loan from one lender to another.
  • Base Price: The cost of a vehicle with standard equipment, before incentives and freight.
  • Certificate of Title: A legal document issued by a state at the time of sale.
  • Co-signer: A person who takes responsibility for a loan if the original borrower stops making payments.
  • 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, commonly 24, 48, 60, or more months.
  • Underwriting: Verifying the data used to obtain a loan.