SILVER ARROW AUTO SALES CORPORATION - Newark, NJ
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Frequently Asked Questions
Where do I pick the car up from?
Our office is located at 614 Frelinghuysen Avenue, Newark NJ, 07114. We will inform of a pick up date when your car is ready and you can pick it up at our offices.



Can You Deliver? Is it Free?
We do offer free delivery service within a limit of 25 miles from our location. If you are outside of our delivery radius there will be an additional charge.



Where can I service my vehicle?
Your vehicle can be serviced at any authorized dealer in the United States.



Who do I make the check to every month?
Your monthly payments are made to the bank that is financing the purchase or leasing of the vehicle. For most new car purchases and leases the car manufacturer acts as the financing bank, so in those cases the payment will be made to them.



Can I purchase additional miles on a leased vehicle?
Depending on the manufacture, the monthly lease payment includes mileage of 10,000 miles per year up to 15,000 per year. If you require additional mileage it may be purchased at the inception of the lease. If you go over your mileage during your lease you will be required to pay for the extra mileage.



Who do I call if there's a problem with the car?
Each new vehicle or lease comes with a standard manufacturer's warranty. If you are with the limitations of the warranty you should contact your local authorized dealer. If you are outside the limitations of your warranty please contact us for a referral to a certified mechanic or body shop.



What does "$0 Down" mean?"
$0 Down" means that you are not putting any money towards the monthly payment. You are financing the entire lease. The money due at signing is simply for inception fees, and the first month payment.



What Are Inception Fees?
Inception fees are the fees that you pay when you accept delivery of your new vehicle. They consist of the first month payment, Bank Fee, Documentation Fee, Taxes, and DMV fees, all but the DMV and the First Month Payment, can be rolled into your Monthly Payment if you so choose.



What is a bank fee?
A bank fee is charged by the respective bank offering the lease. Basically an application fee. This fee can not be waived however it can be capped into your monthly payments.



Can you recommend an insurance company?
Yes, company information provided upon request.



Can you recommend a body shop??
Yes, please see the services page for our offerings.



What does my credit have to be to get a lease?
There is no specific guideline for credit approval. Generally you should have a credit score over 600. Bankruptcies, tax liens, late payments, missed payments and child support are some of the things that may affect you from being approved.



Can I include all fees in to the payment?
Yes. You may request a "Sign & Drive" Lease, dependent on the Manufacturers Monthly Lease Program.



Can I transfer my old plates?
Yes. Simply request a plate transfer from us at the time we price your new Vehicle.



How can you offer these leases for so cheap?
Since our inception in 2006 we have grown to do a large volume of sales. From our large volume of sales we are able to use it as leverage to get special wholesale pricing on vehicles. We simply pass those savings to you.



Do you also sell cars?
Yes, new and pre-owned at unbelievable savings to you.





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614 Frelinghuysen Ave Suite 16W - Newark, NJ 2017365837 -