Understanding Auto Financing Terms

Once you have found the perfect vehicle to fit all of your needs, it is time to consider how you will pay for that purchase. There are a variety of terms to keep in mind when deciding which financing route to take. The APR is the annual percentage rate you will pay over the course of the year. This rate is generally dependent on the credit scores of the applicant. The down payment is the amount that you are able to put down at the time of the signing.

The financing experts at First Choice Honda are well-equipped to answer any questions you have about the financing of your next vehicle. Our team of friendly and knowledgeable associates is confident that we can find the best auto financing terms for your budget and personal preferences. We invite you to stop by and let us help you to navigate this process.



Categories: Finance