Upgrading your vehicle is a major financial decision. Between planning a down payment, coordinating insurance updates, and managing everyday household expenses across the Chicago northwest suburbs, having extra breathing room in your monthly cash flow can make all the difference. That is why Autos of Chicago partners with select national lenders and regional credit unions to offer our promotional “No Payments for Up to 90 Days” auto financing program.

Located at 1555 East Rand Road in Arlington Heights, IL, our finance center helps drivers take delivery of a late-model luxury car, SUV, or truck today without making their first payment for three full months. Here is a complete breakdown of how deferred auto financing works, who qualifies, and how to maximize your savings.

How Does a 90-Day Payment Deferral Work?

A 90-day deferred payment plan is an agreement between you, the dealership, and the financing lender. When your contract is finalized, your first official billing cycle does not mature until approximately 90 days after vehicle delivery, rather than the standard 30- to 45-day window.

Keep Cash in Your Pocket: Skip three monthly car payments immediately after purchase, allowing you to replenish personal savings, handle seasonal expenses, or pay off holiday credit card balances.
Drive Your Vehicle Immediately: You take delivery and drive home on day one with complete ownership rights and active registration.
Understand Simple Interest Accrual: Because automotive loans operate on a simple-interest basis, daily finance charges begin accruing from the date of contract signing. The deferred interest is calculated into your remaining payment schedule across the loan duration.

Standard Financing vs. 90-Day Deferred Financing Structure

Financing Term	Standard Retail Contract	90-Day Deferred Promotional Loan
First Payment Due Date	30 to 45 Days Post-Delivery	85 to 90 Days Post-Delivery
Immediate Cash Flow Relief	Zero deferral window	Save 3 months of car payments upfront
Lender Credit Tier Standard	Available across all credit tiers	Typically requires Tier-1 to Tier-3 credit approval
Early Payoff Flexibility	No pre-payment penalties	Make early principal payments anytime without penalty

💡 Pro Tip for Deferred Auto Loans:

If you want to minimize the minor interest accrued during the 90-day deferral window, make a small partial payment toward principal around day 45. To calculate how deferral impacts your loan structure, test payment scenarios with our online car loan calculator and review our who can qualify guide.

Explore Financing and Inventory Links

Apply for Pre-Approval Online — submit your secure credit application
Browse Pre-Owned Inventory — explore 400+ vehicles available in Arlington Heights
Value Your Trade-In — get an instant appraisal on your current car
Vehicle Protection Plans — comprehensive mechanical repair coverage