When buying a car, you only have 2 options: paying cash or getting a loan.
Purchasing a vehicle with cash is the simplest way to pay for a car -- and has an unbeatable effective interest rate of 0%. By paying cash you avoid paying both the principal and the interest payments required by a loan, and allow yourself the most flexibility with your monthly income going forward.
Loans are an agreement to lend money for the right to charge the borrower an interest rate on that money as it is paid back. This option allows borrowers the flexibility to purchase a car with monthly principal and interest payments for a set period of time, instead of having to spend a large amount of their current savings to acquire the vehicle.
No matter which option you feel is the best fit for your situation, we'll work hard to help you drive off the lot in the car you want. While we do not provide financing through our dealership, whether you have great credit, bad credit, or no credit, we can refer you to a reputable lender who will work directly with you.
Call us for more information today!