Financing FAQs

What Is the Difference Between Leasing vs Buying?

Buying and leasing are the two main choices you have when looking to get behind the wheel of a new car. Buying your car essentially means you are purchasing the car to gain full ownership of it. This allows you to customize your vehicle and drive it for years and even after you have paid off your loan.

When leasing a car, you are chosen to in essence borrow the car from a dealership for a set period of time. Most leases last for a few years, which can give you the ability to change vehicles often.

How Do I Apply for an Auto Loan?

You can do so one of two ways. When you visit our dealership, one of our finance specialists can help you complete the paperwork before they go ahead and start to work with lenders to find you the ideal loan. You can also apply for financing right online, which can save you some time when you visit our dealership and get right to working out the details of your deal.

Does Financing a Car Affect My Credit Score?

Yes, though it may be a more positive affect than what you've imagined. At first, lenders will make a hard pull on your credit score, which could temporarily lower your score by a few points. In the long term though, you can improve your credit score by making on-time payments for your car and maximizing the benefits of your credit utilization rate.

Do I Have to Make a Down Payment?

With most vehicle purchases, there will be some money required to be put towards the purchase of the vehicle. The good news is that the exact amount you can put down up-front has some flexibility, and our finance team can work with you to figure out the practical amount to spend on your down payment.

What Do I Need to Bring with Me When Buying a Car?

When you are ready to stop by the dealership and buy or lease that new car you want, there will be a few items you will need to make sure you have with you. You will need to have your driver's license as well as your insurance information on hand. If you are going to be trading in your car too, make sure you have the title of the car with you.