Covid Quarantine FAQs
What if I can’t afford to make my car payment right now?
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Many of us do not know when we will be able to get back to work. So, deferring a car payment or two may be helpful. My friends at LaFontaine Auto Group helped put the following information together. Contact your bank of lease-holder and see if they can work with you. Many are making accommodations. Be patient on the phone, though as they are getting a lot of calls.
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Below is some information on some of the things that our automaker and lender partners are doing in terms of offers and assistance to customers during this time. We will continue to update this blog post as additional information becomes available. This list is not exhaustive. If you need info on a lender not on this list, please contact us at info@authorizedvehicles.com.
Click on a brand. List of additional lenders below.
Ally
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Ally wants to assist customers to make the lease-end transition as stress free as possible. Therefore, we are allowing all lease customers with scheduled maturity dates from March 1, 2020 through April 30, 2020 to drive their vehicle for an additional 30 days from the original maturity date, on us.
Important Details:
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Ally has notified eligible lease customers directly via email or text
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The additional month is being provided at no cost to the customer (no monthly lease payment, charges or fees will be assessed)
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SmartLease customers will receive additional monthly miles based on the mileage structure in the original lease agreement.
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Example: Existing SmartLease term is 24 months 30,000 miles (15k per year or 1,250 per month). The extension increases total allowable miles to 31,250. Any excess mileage charges at termination will be assessed beginning at 31,251 miles.
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Customers who purchased extra mileage upfront may receive a rebate of unused mileage based on total miles at termination as provided in the original lease agreement.
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Customers may return their vehicle prior to the new scheduled end date without penalty.
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Customers who wish to return their vehicle before the extension expires should contact Ally at 1-888-925-2559.
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Contact Details:
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Ally Customer Service: 1 (877) 247-2559
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Ally Customer Service: Website
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Chase
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Contact Details:
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Chase Customer Service:
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Retail Loans: 1 (800) 336-6675
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Leases: 1 (800) 227-5151
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Chase is offering a 90-day payment extension period for loans and leases no matter the stage of delinquency and waving existing late and non-sufficient funds fees.
Fiat-Chrysler
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If you need help or have questions regarding your Chrysler Capital account resulting from the Coronavirus outbreak, you can reach us by phone at 855-563-5635. We have programs in place to help customers experiencing difficulty due to the impact of the virus. Chrysler Capital’s customer service team is standing by to review accounts of customers who need assistance and to explore potential options to help during this time. However, we also ask for your patience as higher than normal call volumes may result in longer wait times. We will get to your call as quickly as possible.For current Fiat-Chrysler owners and lessees: flexible payment arrangements, payment extensions on a case-by-case basis
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For prospective Fiat-Chrysler buyers:
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0% APR for 84 Months on select models
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No Payment for 90 Days – Ally Financial
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Contact Details:
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FCA Customer Service: 1 (800) 334-9200
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FCA Customer Service: Website
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Chrysler Customer Service: 1 (800) 247-9753
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Dodge Customer Service: 1 (800) 423-6343
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Jeep Customer Service: 1 (877) 426-5337
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Ram Customer Service: 1 (866) 726-4636
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Chrysler Capital:
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Customer Service: 1 (855) 569-9023
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Ford Motor Company
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For current Ford owners and lessees: flexible payment arrangements, payment extensions on a case-by-case basis
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For prospective Ford buyers: delay of first payment for 90 days
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Ford Coronavirus Payment Plans
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In its just-announced program, Ford Credit advises its customers to contact the company if they are concerned about their ability to make their monthly payments in light of the current situation. These customers may be able to change a payment due date or delay a payment. The offer applies to those who have purchased or leased a vehicle through Ford Credit. To get information on the Ford coronavirus payment relief programs, Ford Credit customers should access their Account Manager profile either online at accountmanager.ford.com or through the FordPass app. Alternatively, they can call a special hotline – 1-800-723-4016 – to discuss their individual options.
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Contact Details:
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General Motors
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For current GM owners and lessees: flexible payment arrangements, payment extensions on a case-by-case basis
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For prospective GM brand buyers: interest-free financing for 84 months with deferred payments for up to 120 days
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Cadillac: 0%APR for 60 months plus $2,000 cash allowance on select models. See LaFontaine Cadillac for details.
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Contact Details:
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Genesis
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For current Genesis owners and lessees: up to six months of payments for new owners who lose their jobs and have purchased or leased their vehicle between March 14 to April 30, 2020, through Genesis Finance
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For prospective Genesis buyers: deferred payments up to 90 days on 2019 G70 models
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**See “Hyundai Coronavirus Payment Plans” below for additional information**
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Contact Details:
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Genesis Customer Service: 1 (844) 340-9741
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Genesis Customer Service: Website
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Honda
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For current Honda owners and lessees:
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90 Day Deferred Payment on all new vehicle sales for customers Tiers Retail Only
We are offering payment extensions and deferrals as well as late fee waivers to customers impacted by COVID-19. -
For prospective Honda buyers: No Payment for 90 Days – Ally Financial
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Honda Parts – 10% off Parts for Law Enforcement / First Responders / Medical Professionals
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Contact Details:
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Honda Customer Service: 1 (800) 999-1009
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Honda Customer Service: Website
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Hyundai
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For current Hyundai owners and lessees: up to six months of payments for new owners who lose their jobs and have purchased or leased their vehicle between March 14 to April 30, 2020, through Hyundai Capital
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For prospective Hyundai buyers: deferred payments up to 90 days on selected vehicles
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Hyundai Coronavirus Payment Plans
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Hyundai Motor America has revived its Assurance Job Loss Protection program, first introduced during the Great Recession. It’s luxury division, Genesis, is offering Genesis Cares. These programs can support customers who might otherwise find it impossible to keep up their car payments due to the coronavirus pandemic and its economic consequences. In addition, they are designed to provide financial reassurance to those who are currently in the market for a vehicle. According to the terms of the program, Hyundai and Genesis will make up to six months of payments for new vehicle owners who lose their jobs between now and December 31, 2020. Eligible customers must have purchased or leased their vehicles between March 14 to April 30, 2020, through Hyundai Capital or Genesis Finance. The payment relief is available for all customers, regardless of employment history, who purchased or leased their new vehicle from a Hyundai or Genesis dealer and financed it through the brand’s captive finance company. It covers all of the company’s models.
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Contact Details:
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Hyundai Customer Service: 1 (800) 633-5151
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Hyundai Customer Service: Website
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Subaru
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For prospective Subaru brand owners and lessees:
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No Payment for 90 Days – Ally Financial
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0% / 63 months & .9% / 72 months on ’19MY and ’20MY Legacy, Outback, Impreza, Forester and Asscent
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.9% / 48 months & 1.9% / 72 months on ’19MY and ’20MY Crosstrek, WRX and BRZ
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$1,000 ‘A’ retailer cash – ’20MY Outback, $1,500 ‘A’ retailer cash – ’20MY Ascent
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CPO rate decrease on 100 basis points – all terms, all models (with exception of ’19MY Outback – already at 1.99% / 72 months). All eligible model years and carlines now offers .99% / 36 months
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Contact Details:
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Subaru Customer Service: 1 (800) 782-2783
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Subaru Customer Service: Website
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Toyota
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For current Toyota owners: flexible payment arrangements, payment extensions on a case-by-case basis
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For prospective Toyota brand owners and lessees: No Payment for 90 Days – Ally Financial
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Contact Details:
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Volkswagen
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For prospective VW brand owners and lessees: No Payment for 90 Days – Ally Financial
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Deferred 1st Payment for 180 Days: Tier 1 and 2 customers who purchase a new vehicle will have the option to defer payments for up to 180 days
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Retail Incentive Enhancement: 0% APR Tier 1 and 2 up to 72 Months
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Contact Details:
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Volvo
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More Lenders
Ally
American Credit Acceptance (ACA)
Americredit
Auto Trakk
Avid Acceptance
Bank of America
Birmingham Bloomfield Credit Union
Capital One
Carvant Financial
Case Credit Union
Chase
Chemical Bank / TCF
Chief Financial Credit Union
Chrysler Capital CCAP
Citizen One
Coastal Credit
Community Choice Credit Union
Community Financial Credit Union
Consumer Portfolio Services (CPS)
Consumers Credit Union
COPOCO Community Credit Union
CP Federal Credit Union
Credit Acceptance Corp. (CAC)
Credit Union One
Credito Real USA Finance
Crescent Bank and Trust
DFCU Financial
Dort Financial Credit Union
Dow Chemicals Employees CU
Downriver Community Federal Credit Union
ELGA Credit Union
Exeter
Fifth Third Bank
Financial Plus Credit Union
First Help Financial
First Investors Financial Services
First National Bank of Howell
Flagship Credit Acceptance
Ford Motor Credit
Frankenmuth Credit Union
Friendly Financial
Gateway Financial Services
Genisys Credit Union
Global Lending Services
GM Financial
Gratiot Community Credit Union
Honda Motor Finance
Honor Credit Union
Huntington
Hyundai Motor Finance
Key Bank
Kia Motor Finance
LAFCU
Lake Michigan Credit Union
Lake Trust Credit Union
Michigan Educational Credit Union
Michigan First Credit Union
Michigan Schools and Government CU
Michigan State University Federal Credit Union
Nicholas Financial
Our Credit Union
PFCU
PNC Bank
Prestige Financial Services
Public Services Credit Union
Regional Acceptance
Santander
Security Credit Union
Skopos
Sovita Credit Union (Was Flint Area School Employees Credit Union)
Subaru / Chase (Lease)
TD Auto
Tidewater
Toyota Financial Services
University of Michigan Credit Union
US Bank
Vibe Credit Union
Volvo Financial
VW Credit
Wanigas Credit Union
Washtenaw Federal Credit Union
Wells Fargo
Zeal Credit Union
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800-556-8172 or Website
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