Financing with Our Dealership

Loan or Lease, Financing Options in Moline

Traditional auto loans come with a set of terms issued by the lender. However, the auto lease agreement is often issued through the dealership. We can help you to navigate the decision-making process by providing you with useful insights regarding the advantages and disadvantages of each financing option. One of the major issues to consider is the degree of commitment you wish to have with the vehicle. For example, long-term issues might arise if you take out an ownership loan. This will require you to commit to maintaining the vehicle and getting repair work done periodically.

Here are the major issues that you might face when deciding on an ownership loan:

At the end of the loan, you are the owner. You can resell the vehicle, trade it in or give it to someone as a gift. The number of miles you put on the vehicle is not monitored; however, you will need to maintain the vehicle in order to maximize the miles you can get out of the odometer.

Accessorize and customize your vehicle to your heart's content. Ownership allows you to make the changes that reflect your unique personality.

Here are the major issues that you might face when deciding on a lease agreement:

The lease option enables you to choose to buy the vehicle at the end of the agreement at a lower price than you would pay if you had taken out a traditional loan.

Leasing allows you to trade in your vehicle for a newer model at regular intervals, which are specified in your lease agreement. This is usually between two or three years, for example.

Enjoy lower monthly payments than you would get with a loan; you can also probably afford a higher-quality model than you could get by buying through a lender.