Looking to upgrade your vehicle with performance parts but want to manage your budget effectively? Vivid Racing understands that high-quality car parts are an investment, and we’re committed to making them accessible to you. That’s why we’ve partnered with Affirm to offer flexible financing solutions for your car part purchases. Get the parts you need now and pay over time with predictable monthly payments.
What is Affirm and How Does it Work for Car Parts?
Affirm is a financing provider that allows you to split the cost of your purchases into easy, monthly installments. Think of it as a modern, transparent alternative to traditional credit cards. When you choose Affirm at Vivid Racing, you’ll see your loan terms upfront—including the APR (Annual Percentage Rate) and the exact monthly payments you’ll owe. There are no hidden fees, no late fees, and no surprises.
Applying for Affirm financing at Vivid Racing is quick and simple. You can choose Affirm as your payment method during online checkout or, if you prefer to order by phone, simply fill out our finance form and one of our performance specialists will guide you through the application process. You’ll get an instant decision, so you can get one step closer to getting the car parts you’ve been wanting.
Key Benefits of Using Affirm for Car Part Purchases
- Budget-Friendly Monthly Payments: Affirm allows you to break down the total cost of your car parts into manageable monthly payments, making it easier to budget for your upgrades without breaking the bank.
- Transparent and Fair Terms: With Affirm, you’ll always know exactly what you owe and when. The interest rates range from 10% to 30% APR simple interest, and you’ll only ever pay the finance charge associated with your loan. Affirm doesn’t charge late fees, service fees, prepayment fees, or any other hidden charges.
- Flexible Payment Options: For purchases of $100 or more at Vivid Racing, you can choose to pay over 3, 6, or 12 months. For smaller purchases between $50 and $99.99, payment options of 3 or 6 months are available. This flexibility allows you to select a payment schedule that best suits your financial situation.
- Build Credit History: Affirm reports your loan and payment activity to Experian, giving you the opportunity to build your credit history as you make timely payments on your car part financing.
- Quick and Easy Application: Getting started with Affirm is straightforward. You can create an account online or apply directly during your Vivid Racing checkout process. The decision is typically instant, allowing you to proceed with your purchase without delay.
Affirm Requirements and Important Information
To be eligible for Affirm financing, you will need to:
- Be at least 18 years old (19 in Alabama, or if a ward of the state in Nebraska).
- Provide a valid U.S. or APO/FPO/DPO home address (excluding Iowa and West Virginia residents currently).
- Have a valid U.S. mobile or VoIP number and agree to receive SMS texts.
- Provide your full name, email address, date of birth, and the last 4 digits of your Social Security number for identity verification.
Important things to know about Affirm:
- Credit Check: Affirm performs a soft credit check when you create an account, which does not affect your credit score. Further soft credit checks may be conducted for subsequent loan applications to ensure the best financing options.
- Not a Revolving Credit Line: Unlike a credit card, Affirm provides closed-end loans. Each purchase is evaluated separately.
- Loan Decisions: While you can have multiple Affirm loans, applications are assessed individually, and approval isn’t guaranteed, especially if previous Affirm loans haven’t been repaid on time or if there’s excessive borrowing activity.
- Security: Affirm prioritizes the security of your personal information, using encryption and various safeguards to protect your data. They do not sell or rent your information.
- Lender: Affirm loans are provided by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC.
Ready to get the car parts you need now and pay over time? Explore Vivid Racing’s extensive catalog of performance parts and choose Affirm at checkout for a seamless financing experience. Upgrade your ride today!
For more detailed information, visit the Affirm FAQ Section.
