Financing Tips
 
Financing
First, decide on the total amount you are willing to pay for the vehicle or the monthly payment that would work with your budget. You can accomplish this by getting a pre-approval from one of our finance companies. We want you to feel good about the process of buying and owning a car. Our goal is to make this a great experience so that you choose us for every car purchase for the rest of your life.
Interest Rates
Interest rates for a loan are generally calculated in simple interest or Annual Percentage Rate (APR). This rate is the price you pay annually for borrowing the money.
Loan Terms and Monthly Payments
You can get an automobile loan with terms from 12 months to 60 months. Again, decide what is best for you. You may want to decrease your term and pay off the car sooner or your priority may be to decrease your monthly payment and, therefore, increase your down payment.
We will tell you the exact interest rate the bank approved for you, not the inflated rate the car dealer may tell you.
 
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