When you are thinking about buying or leasing a new vehicle at Lithia Ford of Missoula, one of the questions you may be asking yourself is about how much money you should be putting down. We know that many car shoppers don't want to spend money if they don't have to, but there are a lot of advantages to making a substantial down payment. In fact, putting money down might be the best way to ensure a lower cost to yourself overall. Our dealership is here to tell you about the advantages of making a down payment.

A down payment might improve your loan terms. If you borrow less money, your auto loan is considered less risky by a bank or credit union. It will also reduce the finance charges over the course of your car loan. Contact Lithia Ford of Missoula to learn more about down payments today.

Categories: Social, Finance