While some drivers may be able to pay for a new Jaguar car upfront with cash or credit, the majority utilize a financing plan. Here at Jaguar Peabody, we know that car financing can sometimes be a source of confusion and uncertainty, which is why we have a friendly Jaguar finance center right here at our dealership. Our team of friendly finance professionals is ready to match you with the best plan so that you can drive off our lot in your dream car.
How to Finance a Car
At Jaguar Peabody, we aim to be your one-stop-shop for everything relating to the purchase of your new Jaguar car. You can either choose to start the financing process at our dealership after you have decided you want to purchase the car, or you can even get approved right here on our website from the comfort of your couch! All you need to do is fill out some contact information and purchase timeframe, and we will contact you with the next steps.
Financing Terms to Know
If you’re new to car financing, there are a few terms that you should be aware of. They include:
- Loan term: The length of the loan. When the term has completed and the car is paid off, you will own it outright.
- Down payment: The amount of money that you pay upfront. Consider a down payment of 15 to 20 percent to lower future costs and lower overall payments.
- Interest rate: On top of paying a portion of the premium back every month, you will be required to pay some interest. The interest rate is based around a variety of factors such as your credit score.
Finance your dream Jaguar car right here at Jaguar Peabody.