Best Way to Finance a Car
The best way to finance a car in Pennsylvania is to work closely with the finance center team at your local Harrisburg, Mechanicsburg, or Trevose area dealership. These experts are experienced and well-equipped to answer any questions you may have about buying or leasing a car.
At Faulkner Automotive Group, we have a seasoned finance center team at all our dealerships near you. Are you looking to finance a car? Reach out to a member of our team to get started!
Why You Should Finance a Car With a Dealership
If you're in the market for a new or pre-owned car, the finance center at your local dealership offers a wealth of information and support.
Knowledgeable Experts
When you stop by, you'll be in the capable hands of an experienced auto finance professional. We work with drivers from all over Pennsylvania who come to us with a variety of financial histories. So, we have the know-how to work with your unique situation to ensure you'll drive away with an auto loan that fits well into your spending plan.
A Network of Local Lenders
Not only that, but we have a network of local lenders we've worked with for years. We'll use our close relationships with these lenders to secure financing at a rate that meets you where you are.
Finance Deals, Incentives, and Specials
Of course, we can't forget about the deals. The finance center team at your local dealership knows all the current deals, incentives, and special financing programs you may qualify for. They'll be able to work this into your loan.
One-stop Shopping and Selling
Above all else, financing a car with a dealership means convenience. If you're currently driving a car you'd like to sell or trade in, we can take care of that, too. We'll appraise your current ride to provide you with an accurate trade-in value. We can then work that trade-in value into your auto loan as a down payment to possibly lower your monthly payments or decrease your loan term.
Should I Lease or Finance a Car?
Another question drivers tend to have when they're wondering about the best way to finance a car is whether they should buy (finance) or lease. Both are great options because they ultimately result in your taking the wheel of a car you love. However, they each come with different perks that are worth considering.
You should lease a car if:
- You want a potentially lower monthly payment
- You want to regularly trade in your vehicle for the latest model
In general, leasing a car is like driving a long-term rental. You make a monthly payment to the dealership, but the dealership ultimately maintains ownership. That means you're not paying the full cost of the car, so leasing can often come with a lower monthly payment than buying.
Also, leasing is temporary. Leases often last just two or three years. At the end of your lease term, you can easily return your car to the dealership and swap it out for the newest model with the most up-to-date technologies and design elements. This makes leasing a good choice for anyone who wants to drive a new car more often.
You should finance a car if:- You want to own your car
- You tend to put a lot of miles on your car
Financing a car is great for drivers who, in short, want to own a car at the end of their loan term. While monthly payments tend to be a bit higher when you finance a car vs. leasing one, every payment you make builds equity in your vehicle. Then, when you pay off your loan, the car is yours—you own it.
This also means you'll have a bit more freedom when you buy. Leases often have an agreed-upon annual mileage limit. On the other hand, when you finance a car, you can put unlimited miles on your vehicle. You can also upgrade or alter it any way you'd like to put your signature touch on it.
Should You Buy or Lease?
Reach out to the finance center team at your local dealership to talk about leasing vs. financing a car and discuss which option is right for you.
Finance a Car Today
Now that you know the best way to finance a car, it's time to get started! You can start the financing process at any time from the comfort of your own home by completing the secure online finance application for the Faulkner Auto Group dealership where you plan to buy your next car.
Doing so will allow us to streamline the process so all the paperwork is done by the time you visit our showroom. We'll also be able to review your options with you so we can start to put together a loan or lease plan that works for you.
Go ahead and complete our application and finance a car today!