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Purchasing a new car is a huge decision, and there are a couple of different ways to pay for it. You can either finance it or enter into a leasing agreement. If you choose to finance your vehicle, you will likely have to make a down payment of 10 to 15 percent of the car’s cost up-front. Also, keep in mind that monthly payments tend to be higher as well.
What to Expect When you Finance your Vehicle
- You will own the vehicle outright when you are done paying it off.
- There are no restrictions on how much you can drive or what you can do to your vehicle. So, you don’t have to worry if you have a long commute or you want to install a stereo system or any other luxuries.
For more information, visit Don Wood Ford Lincoln Inc. Our finance department is more than happy to walk you through the financing process and our experienced sales associates can help you test-drive any new vehicles including a 2017 Ford Escape. We proudly serve drivers in McArthur, Nelsonville, Pomeroy and Athens County, Ohio.