The auto financing process can seem complex and intimidating. That's why the Conicelli Toyota of Springfield team is here to guide you throughout the process and answer any questions along the way!
We encourage you to check out the answers to some of our most commonly asked auto financing questions below, then make your way to our Toyota dealership near Malvern to speak with our team. Whether you're interested in finding out about current car loan interest rates or need advice on financing options, we've got you covered!
Toyota Finance FAQs
Why should I consider financing vs. leasing a car or buying outright?
Financing a car gives customers more freedom than leasing since they eventually become the owner of the vehicle and aren't confined by mileage limits or penalties at the end of the lease term.
Additionally, buying a car outright may not be feasible for some due to budget constraints -- hence where flexible financing plans come into play. Our Toyota finance team can adjust terms length and monthly payments tailored specially for you!
What are the current interest rates?
Current auto loan interest rates are generally between 4-7% for a new vehicle. Our Springfield Toyota dealer always aims to provide the best financial solutions for our customers. Our interest rates are often revised based on several factors including market conditions and credit ratings. Therefore, it's recommended to get in touch with us directly for the most accurate and up-to-date information.
Can I get financing even if my credit isn't good?
Absolutely! We believe in giving every individual an opportunity, which is why we offer subprime financing options. Whether you require a bad credit car loan or have no credit history at all, our special financing program can help you out. Even those who have gone through bankruptcy can find viable solutions with us to own their dream car.
What are some of your finance specials?
We understand that buying a new car is a substantial investment, which is why we're always offering different Toyota finance specials. These can range from low APR offers to attractive rebates on popular models such as the Camry or RAV4! Keep an eye out for these regularly updated Toyota specials.
Should I apply my trade-in value toward a down payment?
We place high value on trades at our dealershsip, which can significantly help reduce your down payment for your next new vehicle purchase! Depending on factors like make, model and vehicle condition, you could lessen upfront costs substantially by trading in your old vehicle.
Ready to finance a Toyota near Malvern or want to go over your poor credit car loan options? Contact Conicelli Toyota of Springfield to get expert advice from our team of professionals. We can't wait to hear from you!
