At
Nemer,
we know that people, just like the vehicles we sell, are different. For
this reason, our Business Manager, Patrick Howard, offers a variety of financing options to fit your needs.
Our finance department has extensive experience and the knowledge it
takes to get you the right vehicle with the right financing program.
Whether you have
perfect credit, poor credit or somewhere in between, our finance
department will communicate
with our banks to get you the financing you deserve.
At Nemer Volkswagen, we make your goal of getting a great rate
on a car loan or lease easy to achieve! We have all the tools,
information and professional help you'll need when determining the
perfect loan or lease rate for your budget. Our finance experts can
help almost anyone achieve an auto loan or lease, even those with bad
credit!
The loan payment calculator
will show you an estimated monthly payment based on your annual
percentage rate, down payment, vehicle trade in, and purchase price. We
can also find you vehicles from our inventory that will fit perfectly
into your budget with a single click.
You can
apply for your car loan online with oursecure finance
application.
When we receive the application, we'll look it over and one of our
friendly staff will contact you as soon as
possible.
Check out our online finance FAQ section for important information regarding car lease and loan characteristics.
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Tip!
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Tip!
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Tip!
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Tip!
Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Tip!
Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
Tip!
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Tip!
Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.