There are benefits to both. Let Montmorency Ford help you make an informed decision.
Financing the retail purchase of a car or truck means you agree to pay for the vehicle over the life of the finance contract plus any interest on the loan. You can make a down payment or trade-in your existing vehicle to reduce the monthly payment.
There are several advantages to financing your vehicle. You can buy a new vehicle before you have cash for the entire purchase price. Your cash can remain invested or available for other purchases.
Which option is better for you?