At Charlotte County Ford getting a car loan or Ford lease in Port Charlotte, Fort Myers, North Port, or Englewood, FL is quick and easy. We have all the tools, information and expertise to help you determine your budget and get you into that new or used car or truck you have always dreamed of. Our financial experts can help anyone get a car loan in Port Charlotte, even with bad credit. We also handle refinancing as well, and work with a variety of lenders to help you pay for your car, truck, van or SUV in Florida.
You can apply online for an auto loan in Port Charlotte with our online finance application form. It's secure, and when we receive the application, our staff will look it over contact you as soon as possible.
If you would like to contact a member of the Charlotte County Ford financial team online you can use our contact form. You can also call us at (888) 663-0210, or stop in by using our easy to follow directions.
3156 Tamiami Trail
Port Charlotte, FL 33952pause
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.