Helpful Information to Know About Vehicle Financing

Is your budget standing between you and your dream car? With the right financing plan, you can ride off our lot in the vehicle of your choice. At the Bill Volz Westchester Finance Department, we commit ourselves to ensure that your dream becomes a reality. We have helped many people across New York and Paramus, New Jersey. We will do our best to meet your needs settle you with a manageable payment plan.

What Can Our Finance Department Do for You Today?

Whether you are in Peekskill, Cortland Manor, Buchanan, Shrub Oak, or Mohegan Lake, you can visit our dealership and receive customized services. Our team at the Finance Department will take the time to determine what your needs are and help you settle on a personalized lease or loan option. We have the necessary tools and info to help you make an informed decision.

We’ll Guide You Through the Process of Applying for an Online Car Loan

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To finance your next car, you will need to take out a loan to buy that vehicle. When you apply for an auto loan, you must agree to pay the amount given to you along with the interest over time. Auto financing allows you to afford a new car with fewer financial constraints.

If you choose to apply for a car loan, we only need you to do a few things. First, you need to choose your preferred car model. During this step, you make independent decisions without anyone pressuring you into buying any specific model. One of our salespersons will only offer you a guideline for each model and answer any questions that you may have.

Once you have selected your vehicle model, you can proceed to the next step, which involves filling out our quick pre-approval form to apply for one of our finance programs. We require you to provide some personal details, including your occupational, contact, and banking information. Over the years, we have worked with many drivers who needed a range of budget options. Therefore, you can trust us to offer you the necessary help.

You Can Use Our Payment Calculator Tool

We have a payment calculator that we use to estimate your purchase power and monthly payments. The calculator allows you to get a clear picture of how much you can expect to pay in monthly installments. You can, therefore, plan your budget right down to the last dollar.

Do You Want to Trade In Your Vehicle With Us?

Sometimes, you may choose to trade in your new or old vehicle for a newer model. If you decide to do this, you can trust us to offer good rates. We will calculate the current market value of your vehicle based on its year, model, mileage, and other relevant information. Once an estimate has been made, that amount will be deducted from the value of the new vehicle you intend to buy.

Why Should You Get an Auto Loan Through Our Dealership?

Financing your car through our dealership offers many advantages. Here is why you can trust Bill Volz Westchester’s finance department to help you complete the process:

We Offer Competitive Loan Rates

Often, our finance team finds better loan rates that fit your budget thanks to the team’s knowledge of programs that offer better rates. Moreover, we have established strong relationships with numerous banks and other financial institutions to provide our customers with various choices.

We Have a Simplified Process

When you come to us, we work to ensure that the financing process is stress-free. Our experts will work with you to understand your individual needs. Furthermore, we will prepare the necessary paperwork and help you find financing institutions offering good rates.

You Can Take Advantage of Special Financing Programs

When you apply for auto financing through our dealership, that gives you the chance to take advantage of special programs on offer. For instance, you can benefit from low-rate programs and manufacturer incentives. These programs are designed to help you acquire your desired vehicle more easily.

Can You Apply for Car Financing With a Bad Credit Score?

Regardless of your credit score, you can rest easy knowing that you can qualify for a loan. We have an experienced team of financial experts who will work with you. They will not rest until you find a loan program that is suitable for you.

Usually, a high credit score guarantees you lower interest rates. However, there are a few things that you can do to lower your interest rates. First, you can get a co-signer with a good credit score to assume equal responsibility for the loan. Secondly, you can take advantage of the fixed annual interest rates to avoid shifting monthly installments.

Which Option Is More Costly: Buying or Leasing a Car?

Leasing is more like renting a car from a dealer for an agreed-upon number of miles and period. When you lease a car, you will be making monthly lease payments. Once the contract ends, you can choose to buy or return the car to the dealership.

Car leases, to some extent, are similar to car loans. However, they are different in that you will pay lower monthly payments. While this is an advantage, this type of contract is disadvantageous as you will not be building any equity during the lease period.

In this case, therefore, leasing a car is most cost-effective if you want to drive a new model without owning or paying for it. However, you must understand the terms of the lease. Also, you need to limit how much you drive since the lease contract specifies the number of miles you can travel during the lease period. All these factors will tell you whether leasing is the best option for you or not.

Owning a vehicle no longer needs to remain a dream anymore. The Bill Volz Westchester Finance Center is here to help you realize your dream. Our team of financial experts will take you through the auto financing process so that you can drive off in one of our new or used vehicles. You can call us at 855-970-4626, contact us via our online form, or visit our dealership.

 

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