There are customers here at Fields Motorcars that have been saving for years to purchase a Mercedes-Benz vehicle, and while that absolutely is a great life goal to work for, most people will need a bit of assistance. That’s where the experts in our car finance center come in.
Any Mercedes-Benz car for sale here at Lakeland, FL is available with convenient financing right here in-house, but that doesn’t mean our customers always completely understand what goes into that process when they hone in on a vehicle they want to buy. If that is in fact the case, then this particular post may be of interest to you.
When it comes to auto loans, there really are two essential things that Florida Mercedes-Benz customers need to understand. The first is APR, which is the interest rate that will be attached to your loan. The better your credit score, the lower that interest rate is likely to be, though we do offer certain promotions over the course of the year with lower interest rates for a wider swath of consumers.
Secondly, it’s important to get a sense of how long you would like that loan to be. Borrowing the same amount of money over three years versus five or six years makes a huge difference in monthly payments, and sometimes loan duration can affect APR.
All of this is intended to help you budget that for luxury car you always have dreamed of owning. Figure out your budget, crunch some numbers using an online auto loan calculator, then decide on the car or SUV you want to buy. The next step is to visit our Mercedes-Benz dealership and let our car finance center help you secure financing that works for you. Stop by and visit us soon.
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