Here at INFINITI of Columbus, some buyers choose to purchase a new or used INFINITI car with cash or check, but the majority opt for an auto loan. People looking to purchase a used INFINITI car often wonder if the financing process works the same way as it does for buying new cars, and our dealers are happy to report that we offer used car financing as well as new.
If you’re asking, “Where can I receive competitive financing on used cars near me?” the answer is INFINITI of Columbus.
Why Finance a Used Car?
Financing a used INFINITI car near me has a number of advantages. According to our professionals at our INFINITI finance center, these are some of the main advantages of used car financing.
- Lower down payment: Most used cars only require a down payment that is 10 to 20 percent of the car’s value. Sometimes you can even find a deal requiring 0 percent down.
- Good financing rates: It is easier to obtain a reasonable APR on a used car, even if you have bad credit. Banks and other lenders are less afraid of financing used vehicles because of their lower prices.
- Build credit score: It’s easier to keep up with your loan payments responsibly on a used car loan, and this is a great way to build up your credit rating.
- Maintain savings: If paying in full for a used car upfront would drain your bank account, financing allows you retain that money and even invest it for a higher return.
Here at our INFINITI finance department, our team of finance experts is happy to walk you through the used car auto loan process. Stop by our dealership to learn how we can help.
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