Finance Your Next
 Car Today!

 

Are you looking to purchase a new car or even a used one and have zeroed in on your choices? Is the decision based on the pricing and the car financing options? Most often, it is. It is important that everyone understands what is involved in car financing and how it works. This can prove to be a major advantage while making the choices and also save hundreds or thousands of dollars

 

EASY FINANCING FOR ALL
WE'LL HELP THE ENTIRE WAY
LOW PRICE CARS
 BEST FINANCE RATES POSSIBLE

 

 

 

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White
Black
Automatic
Gasoline
Pentastar 3.6L V6 283hp 260ft. lbs.
Only 5,331 miles!
Showroom Price
$19,900
Internet Price
$19,900
Symphony Silver
Black
Automatic
Gasoline
4 CYLINDER
34,213 miles
Showroom Price
$11,900
Internet Price
$11,900
Serrano Red
Beige
Automatic
Gasoline
2.4L I4 190hp 181ft. lbs.
Only 4,412 miles!
Showroom Price
$19,900
Internet Price
$19,900
Billet Silver Metallic Clear Coat
Black
Automatic
Gasoline
4 CYLINDER
36,674 miles
Showroom Price
$11,350
Internet Price
$11,350
Ruby Red Metallic Tinted Clearcoat
Ebony
Automatic
Gasoline
3.7L V6 300hp 280ft. lbs.
46,047 miles
Showroom Price
$16,988
Internet Price
$16,988
Brown
Beige
Automatic
Gasoline
2.4L I4 185hp 178ft. lbs.
68,696 miles
Showroom Price
$12,750
Internet Price
$12,750
White
Wheat Stone
Automatic
Gasoline
1.6L I4 109hp 107ft. lbs.
73,172 miles
Showroom Price
$10,450
Internet Price
$10,450
Black
Moonrock Gray
TipTronic
Gasoline
4 cylinder
Only 22,412 miles!
Showroom Price
$13,250
Internet Price
$13,250
Ruby Red Metallic Tinted Clear Coat
Black
Automatic
Gasoline
EcoBoost 3.5L Twin Turbo V6 365hp 420ft. lbs.
62,500 miles
Showroom Price
$33,465
Internet Price
$33,465
Tuxedo Black Metallic
Ebony
Automatic
Gasoline
4CYL
34,813 miles
Showroom Price
$12,700
Internet Price
$12,700
Black
Ash
Automatic
Gasoline
1.8L I4 132hp 128ft. lbs.
165,243 miles
Showroom Price
$8,950
Internet Price
$8,950
Magnetic Gray
Marble Gray
Automatic
Gasoline
4CYL
Only 41,312 miles!
Showroom Price
$10,800
Internet Price
$10,800
Reflex Silver Metallic
Quartz
Automatic
Diesel
2.0L Diesel Turbo I4 140hp 236ft. lbs.
64,451 miles
Showroom Price
$17,900
Internet Price
$17,900
Beige
Black
TipTronic
Gasoline
2.0L Turbo I4 200hp 207ft. lbs.
51,564 miles
Showroom Price
$13,500
Internet Price
$13,500
Mineral Gray Metallic Clear Coat
Dark Graystone/Medium Graystone
Automatic
Gasoline
3.6L V6 290hp 260ft. lbs.
90,765 miles
Showroom Price
$19,688
Internet Price
$19,688
Black
Light Frost Beige/Black
Automatic
Gasoline
64,500 miles
Showroom Price
$16,850
Internet Price
$16,850
Red
Pearl/Black
Automatic
Gasoline
72,850 miles
Showroom Price
$15,600
Internet Price
$15,600
Ingot Silver Metallic
Camel
Automatic
Flex-fuel
3.0L Flex Fuel V6 240hp 223ft. lbs.
75,633 miles
Showroom Price
$9,950
Internet Price
$9,950
Cocoa Metallic
Cashmere
Automatic
Gasoline
3.6L V6 288hp 270ft. lbs.
88,767 miles
Showroom Price
$14,900
Internet Price
$14,900
Black Raven
Ebony w/Ebony Accents
Automatic
Gasoline
3.0L V6 270hp 223ft. lbs.
51,398 miles
Showroom Price
$15,888
Internet Price
$15,888
Brilliant Black Crystal Pearl Coat
Black
Automatic
Gasoline
HEMI 5.7L V8 370hp 395ft. lbs.
65,299 miles
Showroom Price
$18,800
Internet Price
$18,800
White Suede
Charcoal Black
Automatic
Flex-fuel
3.0L Flex Fuel V6 240hp 223ft. lbs.
94,703 miles
Showroom Price
$10,250
Internet Price
$10,250
Arctic White
Cashmere
Automatic
Gasoline
5.5L V8 382hp 391ft. lbs.
90,203 miles
Showroom Price
$18,900
Internet Price
$18,900
Oxford Green Metallic
Carbon Black Leatherette
6 Speed Manual
Gasoline
1.6L Turbo I4 181hp 177ft. lbs.
92,483 miles
Showroom Price
$10,700
Internet Price
$10,700
Silver Ice Metallic
Jet Black/ Brownstone
Automatic
Gasoline
3.0L V6 255hp 214ft. lbs.
Showroom Price
$11,500
Internet Price
$11,500
Unless you know your basics, you can get carried away with the terminologies used. If you understand the stuff, you can ask the right questions and get the right answers. In order to make informed decisions, read on to understand how car financing works.

Know the basics

Simply put, car finance happens when you borrow money from a lender to buy a car, whether new or used one. The lender provides you the money based on certain criteria. Mostly, you pay back the principal amount borrowed from the lender along with an agreed interest percentage.

It is the interest amount that fetches the lenders their profit. Interest rates are calculated on a per annual basis and it would be an additional amount on the principal that is paid to the lender. There are options available online to calculate the interest rates for the car you have in mind. If you approach a lender, they can help you out with it as well. It is important to find the lowest possible rate of interest as even a minor change can work to a huge amount over the payback period of the loan.
 

Know your loan liabilities

While we feel that we have bought a car, in truth the car actually belongs to the lender and we are just using it. The car is owned by us only once we have fully paid the loan amount across the agreed period, known as the term of the loan. This also means that if you fail to repay the loan, the lenders can take possession of your car. 
It is necessary to take car insurance when you have financed a car loan. This is mostly to protect the interests of the lender. If your car meets with an accident or is destroyed, you will still be held liable to pay back the loan. And this is where the insurance comes in. You may have to pay out an agreed monthly instalment across a few years to pay back the loan.
 

Importance of credit score

The terms usually range from five to eight years depending on many factors. The interest rate you pay is decided, by your credit score among many other factors. It is the credit score that provides the lenders with an insight into your paying back capability and intentions. With a lower credit score, they are running a higher risk of not making the loan recovery. And they may compensate this with higher interest rates.

With all the above information, you may choose to find out options, ask questions and choose what is best for you.