Discount Tire has been offering tire and wheel services in more than 48 States since inception. It is one of the most popular tire retailers in the US. It goes by many names across the country and one of the most common questions is, can you finance tires at Discount Tire? Let’s delve deeper into this topic and find out.

Financing Options at Discount Tire

Looking for ways on how to finance tires, You can finance tires at Discount Tire using two main financing options: the Discount Tire credit card and the Acima lease-to-own program. Each option has its pros and cons, and it’s crucial to understand each of them before making a decision. 

It’s also good to note that Discount Tire is not the only tire dealer that you can go for. At CheapTiresAsap, we offer similar benefits and the option of paying for your tires at your own convenience. We’ll provide a comparison between the two to guide you better with your choice. 

Discount Tire Credit Card

The Discount Tire financing card is a store credit card that can only be used at Discount Tire. This card offers various promotional financing options, including 0% APR for six months or more, depending on the purchase amount. Besides, there’s a standard interest rate of 29.99% APR for purchases that do not qualify for promotional financing.

The Discount Tire credit card has several benefits, including easy and quick approval and immediate use. The promotional financing offers can help you save money on interest if you pay off your balance before the promotional period ends.

However, there are also some potential drawbacks to consider. Failing to pay off your balance by the end of the promotional period could result in a significant amount of interest. Additionally, the standard interest rate is comparatively higher than most credit cards, so it’s essential to use this card only for purchases that you can pay off in full or within the promotional period.

Acima Lease-to-Own Program

The Acima lease-to-own program is another financing option available at Discount Tire. This program allows you to lease tires for a predetermined period and then purchase them at the end of the lease term. The application process is simple, and the program requires no credit check. This program offers flexible payment options, and you can pay off your lease early without any penalties.

One of the significant benefits of the Acima lease-to-own program is that it is accessible to those with poor credit or no credit history. Additionally, it allows you to take your new tires home immediately and pay for them over time.

However, there are also some potential drawbacks to this program. The interest rates and additional fees can be higher than other financing options, which can result in higher overall costs. Besides, if you don’t pay off the lease in full by the end of the term, you may end up paying more for the tires than you would have if you had purchased them outright.

How to Apply for Financing at Discount Tire

Applying for financing at Discount Tire is a hassle-free process. You can apply for the Discount Tire credit card or the Acima lease-to-own program online, in-store, or over the phone. 

To apply for the Discount Tire credit card, you’ll need to provide your personal information, including your name, address, and social security number. You’ll also need to provide your employment and income information.

On the other hand, to apply for the Acima lease-to-own program, you’ll need to provide your personal information and proof of income. As the program requires no credit check, you don’t need to worry about your credit score. However, you should be aware of the interest rates and fees associated with the program before applying.

Financing Tires At CheapTiresAsap

Can you make payments on tires If the options provided above do not work for you, CheapTiresAsap has partnered with Affirm and Katapult to provide customers with a viable alternative. With Affirm, we offer a convenient financing option that works for those with good credit. 

On the other hand, Katapult works for customers that have developing credit. If you do not qualify for one option, you’ll definitely qualify for the other. Each provides a way for customers to buy new tires and replace their old ones conveniently. This helps to keep your vehicle safe, functional, and in good condition. 

Conclusion

Being able to finance tires means that you can cater to your vehicle’s needs and maintain its safety and performance by getting new tires. Discount Tire helps all types of customers to get a new set of tires no matter their financial position. 

For those with good credit, the Discount Tire Credit Card provides a quick and easy solution to purchase tires hassle-free. Buyers that have developing credit and cannot pay the entire amount upfront get to choose the Acima lease-to-own program which makes it easy to get new tires without having to worry about your credit. 

For those that can’t use either, CheapTiresAsap provides two other options. You get to choose between Affirm if you have good credit or Katapult if your credit score ins’t there yet. We provide these options to ensure that you’re never stuck.

Note: CheapTiresASAP is an independent company. We are not affiliated, associated, authorized, endorsed by, or in any way officially connected with Discount Tire. This post is solely an educational article.