Financing a car involves working with a series of lenders through a bank, or through our dealership, to secure an offer with interest rates and payments that suit your budget. We’re here to give you all the facts on how car finance works and show you what to do to get the best possible rate on your car. Turn to Lexus of Tampa Bay for premiere auto financing help!
What does it mean to finance a car? As opposed to leasing a car, which is basically just a long-term rental, financing a car involves the act of borrowing money for an auto loan that will be paid back with interest, giving you full, free and clear ownership of the car at the end of the loan term.
When it comes to financing your loan, you can either work through a bank or a Tampa dealership that offers in-house financing. At Lexus of Tampa Bay, we work with a large network of lenders, so we can help you find the best interest rate and payments for your budget and needs. From there, you’ll select the offer that suits you best and begin the financing process. You can even apply for financing at home!
If you’ve got credit that’s less than perfect, consider having someone cosign for your loan.
Now that you better understand what goes into financing a car, start shopping for that new Lexus you’ve always wanted! Once you’ve found a model that suits your needs, we can start a conversation and get the car financing process rolling. Contact us to learn more today, or schedule an appointment at our Lexus dealership near Brandon! Looking for additional car buying tips? Compare standard pre-owned vehicles with L/Certified vehicles today with our team to help you find the right model for your needs.
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