If you’re interested in a new Cadillac – perhaps the 2020 Cadillac XT4 – you have a couple of options when it comes to purchasing. While you can certainly buy it outright, the better choice may be financing. This will allow you to get the vehicle you want without having to put up a lot of money right away.
Cadillac financing, however, can be a little confusing for people who have never done it before. At Fields Cadillac Jacksonville, we aim to make the process easy, and we also want our customers to have as much information as they need.
What Does Financing Entail?
Financing a new Cadillac means you’re borrowing money to pay for it. Typically, these funds come from a bank or other financial institution.
The fee for borrowing this money comes in the form of an interest rate. This is determined by different factors, with your credit score perhaps being the most important.
You can also generally get a lower interest rate if you choose a shorter term, which is the length of the loan. A down payment can also help you reduce the amount of money you’ll need to borrow. If you plan to trade in your current vehicle, you can put its value towards your down payment.
Getting the Financing Process Started
If you’re ready to begin, you can start the financing process right now. Fill out our online application so you can pre-qualify for an auto loan.
After you submit it, we will be in touch to go over your options. And once you pick out the perfect model, everything can be done online. We’ll even deliver your new car right to your home.
Contact us for more information or if you have any questions. We hope to work with you soon!
Categories:
Finance
