Park Auto Group

Tuesday, February 3, 2009

Financing your vehicle

Ok, so you've decided to get a new vehicle. Not only do you have to decide which vehicle to get. You also have to decide whether to buy or to lease.

One thing you may have heard in the news lately, is that some auto manufactures are no longer leasing their cars. That is true of some manufactures, but not the
ones here at Park Auto Group. Acuras, Hondas, and Mazdas have class leading resale value, so they are still able to be leased. What that means to you is you still have that option open.
Leasing is a great option if you like to have a new vehicle every few years, if you drive an average amount of mile per year (12,000-18,000). You like to have your vehicle always in manufactures warranty. It also enables you to get more vehicle for your money than the same monthly payment on a purchase will.

If you are more comfortable on buying your next vehicle, you have to decide what bank will finance it. The great thing about doing your financing through the dealership, as opposed to you arranging your own, is Park Acura, Park Honda, and Park Mazda has a dedicated team of financial experts that will shop over a dozen different banks and credit unions to get you best rate and programs available. They do all the work, so you don't have to. More often than not, they are able to get a better rate, than you are able to by yourself. We also have the ability for you to submit you credit information right on our website and we can get you a credit approval before you even show up at our dealership. Any questions let any one of our Sales or Finance folks a call or e-mail.