What’s Considered a Good Interest Rate on a Car Loan?
The lowest possible rate you can qualify for is the best option for auto financing and at Jenkins Lincoln of Crystal River, we’re here to help you claim it! Learn more about what current luxury car interest rates are so you can make an informed decision about buying a new Navigator or Corsair. The auto finance experts at our Lincoln dealership near Brooksville are here to show you all your auto financing options.
Get in touch with our luxury car financing team to compare interest rates and apply for financing. We’ll help you shop up financing plans so you can secure a competitive interest rate on a car loan. Have questions about the financing process? Take a look at our interest rate FAQs and contact Jenkins Lincoln of Crystal River to get all the information you need.
Do Luxury Cars Have Higher Interest Rates?
If you’re financing a luxury car, you may find that interest rates are higher, though that’s not always the case. If you have excellent credit you can qualify for competitive interest rates on the new Lincoln SUV you want most.
What Is a Good APR on a Car Loan?
A good APR, or Annual Percentage Rate, is usually considered to be under 5%, but this will depend on a long list of factors that range from current economic health to your personal credit score. Since the APR includes the principal amount, annual fees and other costs that come with borrowing, securing the lowest APR you can means you pay less over time for your luxury car.
What Is the Interest Rate for a New Lincoln?
Interest rates offered by Lincoln will depend on rotating new car specials that are offered on specific vehicles, what rate you qualify for and other factors.
What Is the Advantage of Financing Your Car Through a Dealer?
When you finance a car through a dealership, you’ll often get the best available interest rate and financing plan. This is because Lincoln will offer exceptional auto financing incentives that are tough to top. Plus, dealerships like Jenkins Lincoln of Crystal River work with many lenders and can shop around for the best interest rates for you, so you get the best available offer.
Auto Financing in Crystal River, FL
Whether you have questions about how to finance a used luxury car or you’d like to apply for financing, our team can help. We’ll answer all your questions about APR and current financing plans that you’re eligible for. We’ll also help you compare finance plans from banks, credit unions and our Lincoln dealer so you secure the best payment plan for your lifestyle!