3 Keys to Getting Great Car Financing at Your Ford Dealer

As soon as you’re ready to purchase your new or used vehicle from the local Ford dealer in Dahlonega, GA, you should start to think about your car financing options. Fortunately, you don’t have to look far, and your dealership will be able to offer you excellent interest rates. To take advantage of this service, make sure you know what you need, provide a down payment, and communicate with the finance team.

1. Use the Payment Calculators to Gain Clarity

On your dealership website, you’ll find a lot of information about your financing options, and you’ll also be able to use two different interactive calculators that can help you figure out what car you can afford and how much you will pay on a monthly basis. If you already know how much you can pay per month, use the “Calculate Your Buying Power” tool to discover which cars are within your price range. Then, you can find a new or used Ford to fit your budget.

On the other hand, if you know what car you’d like and want to find out how much you’ll need to pay, use the “Estimate Your Monthly Payment” calculator. You can adjust several categories, such as your down payment, interest rate, and loan term, to find out what your monthly payment will amount to. Knowing more about your options and how these factors change the equation can help you to make good financial decisions.

2. Provide a Down Payment

Most people can’t pay for their car upfront, but that doesn’t mean you should finance the whole amount. If you already own a vehicle, you could trade it in and use the proceeds towards your new Ford. You might also have some savings, which you could use to further lower your payment and the amount of interest you pay over your loan term.

Providing a sizeable down payment demonstrates to us that you’re serious about your purchase, and it builds trust between you and the lender. For this reason, you might be able to benefit from a superior deal and a more advantageous interest rate.

3. Communicate with Your Dealer

When looking for a great deal, communication is key. If you have a solid credit score and are a full-time employee, it will be easy for you to get an excellent financing offer, so you can apply online. However, people who have a short credit history or who have made a mistake in the past can still receive a good deal, but it might be helpful to speak to a member of the finance team first.

There are many ways to get in touch with us, so you could choose to stop by the dealership in person, give us a call, or even fill out the contact form on the website. No matter how you get in touch, we will be happy to speak to you and help you find an option to fit your situation.

Getting a great financing deal doesn’t have to be a challenge because the finance team at your local dealership is here to help. You can call, message, or stop by in person to find out more about the various financing options and how they could work for you. Get in touch with us today at Chestatee Ford to begin your car-buying journey.

Posted in Chestatee Ford, Chestatee Ford Service | No Comments »