Down payments, terms, APR and how the monthly number is actually calculated.
How the monthly payment works
Your payment is driven by three things: the amount financed, the annual percentage rate, and the term in months. A longer term lowers the monthly figure but raises total interest paid.
Down payment
A larger down payment reduces the amount financed and often improves the terms offered. Our payment calculator assumes a minimum down payment of 50% of the vehicle price.
Before you apply
- Know your credit position - Decide on a comfortable monthly range, not just a maximum - Have proof of income and residence ready - Compare the total cost, not only the monthly payment
Try the numbers
Use the calculator on our financing page to model 36, 48, 60, 72 and 84-month terms, then submit an application when the numbers look right.
Ready to shop?
Browse certified pre-owned inventory with nationwide delivery, or talk to our team first.