2000 West 104th Avenue Thornton, CO 80234
Auto financing can be one of the more complex topics in the automotive industry. Many folks often feel like they don't have the necessary information to make educated choices about their auto loans or lease agreements.
If you feel this way, you can turn to the finance center at our dealership. We pride ourselves on being a resource for everyone who is interested in the world of car finance. You can ask all of your questions when you work with our finance experts.
O'Meara GMC, located at 2000 West 104th Avenue in Thornton, CO, has compiled some of the most frequently asked questions that we get in our finance center, as well as the answers, so folks have a good understanding of this topic.
An auto loan is a financial solution that breaks down the entire cost of the vehicle into smaller, more manageable monthly payments. An interest rate is attached, and you pay over the course of a predetermined period of time.
Meanwhile, leasing is a financing solution where you only pay for the time you are using the vehicle. A lease also has mileage limitations and a set period of time in which you can drive the vehicle.
A typical lease agreement tends to last anywhere from 24 months to 48 months.
New vehicle specials are a collection of financing offers and lease deals on new GMC models. Our dealership has a wide selection of new GMC vehicles. Some of the GMC trucks and SUVs you will see at our dealership.
Your interest rate is a reflection on the risk that a bank or credit union is taking on to lend you money. Essentially, the lower your credit score, the higher your interest rate. Meanwhile, if you have a good credit score, you expect to have attractive APRs.
The loan term for which you qualify will be dependent on your credit profile. In general, we often see loan terms that stretch across the spectrum, all the way up to 72 months.
Do you have bad credit? We know that it can feel frustrating when your credit score keeps you from getting assistance with your car buying process. The good news is that the finance professionals at O'Meara GMC will help anyone, regardless of credit score. You will be treated with respect and courtesy when you walk through our doors.
Once again, O'Meara GMC is your resource when you want guidance through your car shopping experience. If you are wondering what your monthly payment will be when you shop with us, you can use our online payment calculator. It will provide you with your estimated payment when you enter in some information, like the vehicle's price, your expected interest rate, down payment, and term.
Customers can apply for financing online with our credit application. It gives you the opportunity to streamline your car buying process. All you need to do is supply your personal, income, and employment information. Once we get the form back, our finance team will work on getting you approved for your car loan or lease.
Do you have any other questions about auto financing? Contact the finance center at O'Meara GMC Dealership in Thornton, CO to get all of the answers to your questions today.
2000 West 104th Avenue
Thornton, CO 80234