4 Lift Kit Financing Options: Fees, Terms, etc Detailed

While a small number of car part stores and auto shops offer in-house financing, most use one of four lending options: PayPal Credit, Affirm, the Synchrony Car Care credit card, or Snap Finance.

These four alternative lending companies provide several distinct advantages over store-based financing. Because they are national lenders, they have transparent terms and offer several promotional perks, and you do not necessarily need to have sterling credit to qualify. And, because these lenders make their financing service available across a number of online stores, you have multiple options to shop from when it comes to financing your desired lift kit.

Below, we compare financing terms across the four major companies that auto stores use to finance lift kits, and we list the retailers that partner with each lender.

Here’s What We Recommend

Choosing a financing company heavily depends on your financial situation and credit history. However, most borrowers looking to finance a lift kit will do best with either Affirm or PayPal Credit. Borrowers with decent credit (as well as active service members) can take advantage of Affirm’s no-fee terms with no hard credit check. Also, while PayPal Credit does require a hard credit check, it is a revolving credit account that comes with a bit more flexibility in repayment.

Comparison Table

The following table allows you to compare the finer points of each lift kit lender easily — you can click any lender or scroll below for more information. Note that you can also sort the table by clicking the arrows at the top of any column.

Lender Credit Requirement Hard Credit Check? Fees Terms APR Promotional Offers
Affirm Poor No None 3 to 12 months (varies by merchant) 0% to 30% 6% interest rate cap for active servicemembers; single-use, Visa-branded virtual cards
PayPal Credit Fair Yes Up to $39 for late payments and $27 for returned payments Revolving Around 24% Interest-free financing on purchases of $99 or more if fully paid within six months; no annual fee
Synchrony Car Care Poor Yes Up to $38 or $39 Revolving Around 30% Interest-free financing on purchases of $199 or more if fully paid within six months; no annual fee
Snap Finance None No Application fee of $59 or less Up to 12 months Varies by state; detailed in lease agreement N/A

The List of Places That Finance Lift Kits

Below, we have more information about each of the four major lenders that partner with auto parts stores, ordered starting with the best financing options. We also list individual retailers that partner with each lender — because lift kit options can vary widely by store, we have grouped retailers by the financing they offer (not by price, lift kit availability, etc.).

Note that for APR, “Low” refers to less than 25%, while “High” can be up to 30%. Your exact APR may vary depending on your credit profile.

Affirm

  • Credit requirement: Poor
  • Hard credit check? No
  • Fees: None
  • Terms: Three to 12 months (varies by merchant); some may be longer
  • APR: Variable; borrowers with good to excellent credit may qualify for 0%
  • Promotional offers:¬†Active-duty military personnel can take advantage of a 6% interest rate cap. You can also get a single-use, Visa-branded, virtual Affirm credit card to make purchases at stores that don’t incorporate Affirm into their checkout process.
  • Find out more or sign up

The following retailers partner with Affirm:

PayPal Credit

Note: Our article has more information about PayPal Credit’s approval odds and credit score requirements.

  • Credit requirement: Fair
  • Hard credit check? Yes
  • Fees: No annual fee; up to $39 late fee ($27 for returned payments)
  • Terms: Revolving credit account
  • APR: Low
  • Promotional offers: No interest on purchases of $99 or more if you pay the balance in full within six months
  • Find out more or apply

The following retailers partner with PayPal Credit:

Synchrony Car Care

  • Credit requirement: Poor
  • Hard credit check? Yes
  • Fees: Late fees around $38 or $39
  • Terms: Revolving credit card account
  • APR: High
  • Promotional offers: No interest on purchases of $199 or more if you pay the balance in full within six months
  • Find out more or apply

The following retailers partner with Synchrony Car Care:

Snap Finance

Note: Snap Finance is not technically a traditional lender; instead, it offers lease-to-own programs.

  • Credit requirement: None
  • Hard credit check?¬†No
  • Fees: Application fee of around $59
  • Terms: Up to one year; maximum financing amount of $3,000
  • APR: Varies by state and increases for poor credit; exact amounts detailed in each lease agreement
  • Promotional offers: None
  • Find out more or apply

The following retailers partner with Snap Finance: