Tire Financing
Apply for tire financing, see available payment methods, and get the tire you need without paying the full amount.
Buy Now, Pay Later Options
How Tire Financing Works
Buying new tires does not always require paying the full cost upfront. Tire financing allows the purchase to be divided into manageable payments, making it easier to handle an unexpected tire replacement or spread out the cost of a planned purchase.
Financing is a useful option when worn or damaged tires need replacing, and you don't have enough cash to cover the full purchase price.
Tire financing options include:
- Monthly payment plans
- Buy now, pay later options
- Four-payment plans
- Longer-term financing.
Choose a tire that fits you
Think about your driving needs, climate, and budget. To make the right decision, consider factors such as tire size, tire type, performance, season, and warranty.
Pick a payment option / plan
After selecting the right tire, check the available financing and payment options. The payment option varies by provider. Choose from splitting the purchase into 4 payments, a monthly plan, buy now, pay later options, or long-term financing of up to 24 months.
Get instant approval
Finish the financing application with the chosen provider. Approval, available credit, interest rates, and payment terms can vary by provider and applicant. Always consult the provider for more details.
Buy now, pay over time
Once the financing application is approved, buy new tires and pay according to the financing plan's terms. This financing option will help to spread the cost of new tires over several months rather than paying the entire amount upfront.
Payment Calculator
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$10,000
Repayment Period
Who Qualifies For Tire Financing
Tire financing eligibility varies based on the provider and chosen payment plan. Some programs check the credit history, while others, like buy now, pay later options, look at credit and payment history, income, debt, and required loan amount.
Almost every program requires you to be at least 18 years old, have a Social Security number, and a valid U.S. phone number.
Approval depends on the specific lender and financing plan. Some options allow those with limited or weak credit to apply, though they may face higher interest rates or need to make a down payment.
Credit Requirements
A perfect credit history is not necessarily required for every tire financing program. Credit requirements vary between providers and financing products. They consider credit profile, income, and other application details to determine eligibility, interest rates, and repayment terms.
Even with limited or less-than-perfect credit, financing options are worth exploring, as some providers offer payment plans designed to be available to a wider range of credit profiles.
Always check the terms of a specific financing provider and compare available options to choose a payment plan that perfectly fits your budget.
Down Payment
A down payment may be required depending on the financing provider, purchase price, approval terms, and application circumstances. Paying part of the purchase price upfront reduces the amount you need to finance.
For example, a tire purchase totaling $800 with a $200 down payment would leave $600 to finance, subject to the provider's term. Financing a small balance may result in a lower payment or less interest over the life of the financing, which depends on the plan.
Some financing programs require a down payment, while others don't; it depends on the application and purchase.
Is Tire Financing A Good Idea?
Tire financing is a good idea if you need tires now and can afford monthly payments. It can help spread the expense over several payments instead of requiring a high upfront cost. Financing is a great option when safety is on the line. However, it is not always the least expensive option. The right choice depends on the financing terms and the ability to make each payment on time.
When Tire Financing Is a Good Idea?
For emergency tire replacement, financing lets you address the safety issue without waiting until you have enough cash. It is a good idea, especially when driving on worn tires. Road safety is crucial. If you cannot pay for new tires upfront, financing can help get safe tires right away.
Interest-free opportunities let you buy new tires without extra interest or fees. Also, tire financing keeps steady cash flow by avoiding a massive, sudden drain on savings.
Using tire financing responsibly makes replacing tires easier without putting a large strain on cash flow.
When You Should Consider Different Options
Tire financing is generally a convenient way to manage the cost of new tires, but it's important to understand the terms and conditions before applying. Some tire financing options come with interest and fees depending on the plan.
Interest-free promotional plans are the best option, but always check how long the promotion lasts and understand what happens if you still have a balance when it ends.
Make sure to always pay on time and follow the financing terms to avoid unnecessary costs. Choose a monthly payment that fits comfortably within your budget. Since financing makes the upfront cost feel smaller, it is easy to spend more on premium tires than originally planned.
Buy Now, Pay Later Options
Buy now, pay later is a popular and modern financing option that makes everyday and larger purchases easier to manage. It is a short-term loan for consumers, which allows them to pay for a product in smaller, structured payments instead of the full price upfront. Buy now, pay later can be useful for both planned purchases and unexpected replacements. We offer a wide range of buy now, pay later options; choose the one that best fits your budget.
Compare Tire Financing Options
The right tire financing option depends on the purchase price, credit profile, available cash flow, and repayment preferences.
Compare the available payment plans based on:
- APR and interest rates
- Fees
- Down payment requirements
- Monthly payment
- Financing period
- Promotional period
- Total repayment amount
- Late-payment terms
You shouldn't have to delay replacing unsafe or worn tires because of the upfront cost. At the same time, financing should be used responsibly with a payment plan that can be maintained throughout the repayment period.