When you obtain a loan, your down payment and monthly payments go toward the total purchase price of the vehicle. When the term of the loan is complete and the loan is paid in full, you own the vehicle. With a lease, you make monthly payments for the term
The correct financing option largely depends on three factors: what you want to drive, how much you plan to drive it, and how long you want to keep it. It might be preferable to lease rather than obtain a loan if: You want the better vehicle for your mon
Our dealership works with several financing institutions to bring you competitive rates and terms on vehicle financing. Our dealership offers flexible rates, terms, and payments so that you can obtain the loan or lease that fits you best. The rate in your
You can use a credit card, money order, bank check or cashier's check (made out to our dealership), or cash.
Yes, again. If you are interested in one of our products and would like to include its cost in your finance option, just ask one of our finance representatives to arrange that for you.
A lease is an agreement between you and a lending institution where you make a monthly payment for use of a vehicle of which the lending institution retains ownership. The lending institution takes responsibility for the purchase of the vehicle, creating
As leasing is technically different than buying or financing, different terminology is used to describe the transaction. The most important concepts are adjusted capitalized cost, residual value, and money factor. Adjusted capitalized cost is the actual p
The day-to-day experience of driving a leased vehicle is virtually the same as a financed one. The only major differences are restrictions on the degree to which your vehicle can be customized, the amount of total mileage you can travel, and the maintenan
A loan is a specific amount of money that you borrow from a lending institution in order to purchase a vehicle. You then make a commitment to make monthly payments for a specific period of time (called a "term") until the full amount borrowed is repaid.
The amount that you borrow and the remaining balance during the life of the loan are referred to as the principal. The principal can be paid off at any time prior to maturity, but as long as it is outstanding the lending institution can charge a prearrang
The greatest advantage of financing over leasing is the freedom to do with the vehicle what you wish. With no restrictions on mileage or customization, you are totally free to add premium audio equipment, customized paint, accessorize the powertrain, and