Ford Auto Loans Houston, TX
The Tommie Vaughn Ford financing department can help you find the right car loan in Houston, TX. Our auto financing experts are committed to finding the best deals on Ford car loans to buy a new or used vehicle. We work closely with trusted auto financing sources to help arrange affordable monthly payments. All credit types are considered, including no credit and bad credit car loans.
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Car Loans vs. Leasing
What’s the difference between getting a car loan compared to leasing?
When you buy a new Ford, car loans are available to spread the cost over a number of years instead of paying for the entire vehicle up front. Typically buyers make a down payment, either pay the sales tax in cash or roll the amount into the car loan, and then make monthly payments with a fixed interest rate. This option is good for those who drive many miles, or plan on keeping their car for a long period of time.
When you lease a new Ford, you are only paying for the amount of the vehicle you use. The sales tax is included in the monthly lease payment, which is determined in part by a money factor that is much like an interest rate on a new car loan. Typically the first monthly payment is made when you sign the contract. This can be a good option for those who want lower monthly payments and a new vehicle every few years.
Apply online at our Ford dealership for Auto Financing in Houston, TX