Welcome to Andy Mohr Ford’s Automotive Finance Department!
Perhaps the most important step in the car buying process is the loan itself. Your credit rating and the monthly payment you can afford has a direct impact on what car and options you can purchase. What you’re buying also has an effect on the terms of the loan. The price of the car, your trade-in value, down payment and whether it’s new or used will also have an impact on the interest rate and the length of the loan.
Before undertaking a major purchase such as a house or car it’s a good idea to take a look at the credit reports and scores from all three agencies. You’ll want to be sure there are no errors, and if you’ve had some difficulties in the past you’ll want to be prepared to explain the circumstances that lead to them. Under federal law, you’re entitled to a free copy of your credit report from each agency once a year. However, credit scores don’t fall under that requirement. The cost of obtaining your score isn’t expensive and worth doing so you know what to expect when shopping for a loan.
Leasing offers an alternative to traditional financing with some key advantages. You can drive more car for less money; lease terms are typically shorter than car loans, so you can drive a new car more often. Andy Mohr Ford is always running great Ford leasing programs. We custom tailor the payments and terms, as well as give you the right amount of mileage allowance to fit your driving needs. For the latest in available Ford leasing programs, call us at (317) 839-6541.
Buying or leasing, our finance experts are here to guide you through the financing process and help you get into your new vehicle. Contact our finance team today or if you’re ready to start the financing process, you can fill out our secure finance application online.
Questions? Please contact us at (317) 839-6541.