If you're shopping for a new car here at Helfman Alfa Romeo of Houston, you may be wondering about your financing options. Our Alfa Romeo finance department can help you find a loan that works for you.
We work with a variety of lenders, and we can even help you adjust the terms of your loan if needed. Here's what you need to know about your options
Paying in Full
You can bypass new car financing altogether by simply paying for your car in full. You don't have to worry about interest rates, and you can just drive off in your vehicle. However, sometimes financing with favorable terms can be a better option. You keep more money in your pocket, and you have the opportunity to build up your credit.
Taking Out a Loan from a Financial Institution
If you decide to take out a loan, your financing is likely coming from some sort of financial institution. Your loan could come from a big or small bank whose name you probably recognize, or your financing could come from a smaller credit union.
Some automakers also have lending arms of their own. If you have a preference for where you want the loan to come from, our Alfa Romeo finance department might be able to work with you.
Changing Your Loan Terms
We can also help you change your loan to ensure that monthly payments fit into your budget a bit better. You can opt for a longer or shorter loan term, also known as how long you have to pay off your loan. A four-year term would mean bigger monthly payments, but less interest paid over time. A six-year term would mean lower payments, but more interest to pay.
You can also place a larger down payment for your new Alfa Romeo vehicle, which means that you'll need a smaller loan. Whatever you decide, our Alfa Romeo dealership in Houston, TX will do its best to find a financing arrangement that works for you!
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