Electric Vehicle Loan and Financing Options
Switching to an electric vehicle (EV) is exciting, and it’s important to consider electric vehicle loan and financing options near Plainfield, Indianapolis, and Brownsburg, Indiana.
At Andy Mohr Ford, our finance team specializes in helping EV buyers find the right plan, apply available incentives, and enjoy a smooth buying process. We'll make financing straightforward if you’re eyeing a Ford Mustang Mach-E, F-150 Lightning, or another electric model.
About Our Ford Offers
EV financing works like a standard auto loan: you borrow a set amount, agree to a repayment term, and make monthly payments until the balance is paid off.
The benefit of working with our finance center is access to multiple lenders, competitive rates, and Ford-exclusive offers.*
Terms often range from 36 to 72 months, letting you choose the repayment schedule that best suits your budget. Our team will review your credit profile, explain interest rates, and help you understand your total cost to make an informed decision.
Plus, EV ownership comes with built-in savings — reduced fueling costs and lower maintenance needs — making monthly payments easier to balance over time.
Buying vs. Leasing a Ford
Leasing an electric Ford is another smart option, especially if you want to keep pace with rapidly evolving EV technology. A lease typically runs 24–36 months, has lower monthly payments than a purchase, and offers the flexibility to upgrade when your term ends.
Buying (through a loan) is best if you plan to keep your EV long-term, build equity, and eventually drive payment-free. Leasing is ideal for those who want the newest features — like extended battery range or updated driver-assist systems — every few years.
About Our Finance Center
Our finance center is dedicated to making your electric vehicle loan and financing options simple from start to finish, so lean on us to:
- Compare lender options to find competitive rates.
- Apply incentives like federal tax credits, great rebates, and Ford EV offers.
- Personalize payment plans to fit your monthly budget.
- Provide online tools like a finance application and payment calculator for added convenience.
By working with us, you’ll have a partner who understands the EV market and can maximize your savings while streamlining the process.
FAQs
Q: Can I finance an EV the same way as a gas-powered vehicle near Plainfield, IN?
A: Yes. The process is the same — choose your vehicle, apply for a loan, and make monthly payments based on your agreed term and rate.
Q: What incentives are available for EV financing near Plainfield, IN??
A: You may qualify for a federal tax credit, rebates, and Ford-specific promotions. Our finance experts will ensure you can take advantage of some great offers.
Q: Is leasing a good choice for an EV near Plainfield, IN?
A: Leasing offers lower monthly payments and the flexibility to upgrade often, making it appealing for drivers who want the latest EV technology.
Apply for Our Electric Vehicle Loan and Financing Options Today
Financing an electric vehicle is simpler than many drivers expect, and we make it even easier at Andy Mohr Ford. Contact us for our electric vehicle loan and financing options near Plainfield, Indianapolis, and Brownsburg, IN, and have fun driving out to Franklin Park.