Generac Generator Financing Options: Making a Worry-Free Home a Reality in Chester County

fYour ticket to a more comfortable life in Chester County, without constant power outages disrupting your life, is a Generac generator.

Buying a home standby generator is a major investment.

But it’s not out of reach. 

Financing for your generator purchase is available with a range of different options so you can power your home worry-free. 

Here’s what you need to know about financing your Generac home standby generator.

Estimated Cost of Your Generac Generator

You can expect your home standby generator to cost anywhere between $3,000 to $10,000, depending on the size you choose for your home.

You also need to factor in Installation costs, which will vary depending on the installer you choose and requirements for your home.

Financing Through the Generac Credit Card

It’s important to remember that most Generac financing plans are only offered on purchases made with the Generac Credit Card. 

Types of Generator Financing Programs

Manufacturer Financing

Generac directly offers financing programs for their generators. These programs often come with competitive interest rates and flexible repayment terms. Check with local Generac dealers to learn more about the financing options available.

Promotional Financing

Keep an eye out for special promotions or financing offers from Generac and authorized dealers. These promotions may include zero-interest financing for a longer period, allowing you to pay small monthly payments without incurring interest charges.

Generac Dealer Financing Offers

Some authorized Generac dealers offer financing programs in partnership with Generac. These programs often come with competitive interest rates and flexible terms.

Examples of Generac Financing Plans

There is a huge selection of financing plans to choose from. 

Before committing to any plan, consult with your local Generac dealer, who can provide detailed information, answer your questions, and help you select the financing option that aligns best with your financial goals.

Some examples of financing plans available are: 

132 Months, 9.99% APR

Key Features:

  • Interest Rate: 9.99% APR (Annual Percentage Rate)

  • Payment Period: 132 months (11 years)

  • Monthly Payment: Approximately 1.25% of the purchase amount

This 9.99% APR plan allows you to spread the cost of your Generac generator over a much longer period.

For example, payments for a $10,000 purchase would be $125/ a month.

While it involves interest charges, it provides an extended repayment period, which can be suitable for homeowners looking for more manageable monthly payments.

18 Months, 0% Interest with No Monthly Interest if Paid in Full Within the Payment Period

Key Features:

  • Payment Period: 18 months (Different lengths of time are also available).

  • Interest Waiver: No monthly interest if paid in full within the payment period.

With this financing plan, you pay for your Generac generator over 18 months.

For example, payments for a $10,000 purchase would be $555/ a month.

This plan is a great option if you prefer shorter-term financing and want to avoid interest expenses.

How to Choose the Right Financing Option

Assess Your Financial Situation

Evaluate your current financial standing, including your credit score, existing debts, and savings. This assessment will help you determine which financing option aligns best with your financial goals and capabilities.

Weigh the Pros and Cons

Compare the advantages and disadvantages of each financing method. Consider factors such as interest rates, repayment terms, and any associated fees.

Determine the Loan Amount and Repayment Period

Calculate the total cost of your Generac generator project, including installation, to determine the loan amount you’ll need. Decide on a comfortable repayment period that fits within your budget.

Power Your Chester County Home—Book Your Generator Consultation

Our team of Generac-certified installers is ready to help you power your home. 

We’ll walk you through your Generac generator options, explain our warranty offers, and answer all your financing questions. Book your free Generac consultation today.

 
Joanne O'Neill