When shopping our expansive inventory for a vehicle, there are a few things that are likely to stand out during your search, such as APR. What is APR? APR is the annual percentage rate, which is a percentage that expresses how much you pay each year for a loan, including fees. Here at our dealership, we offer a variety of flexible financing options to help you get the most out of your vehicle, and we can walk you through how APR factors into a purchase.

Here's a quick look:

APR and Auto Loans

APR is what you pay per year to borrow money, so it's an important element to consider when financing a vehicle. The lower the APR, the less you'll pay over the course of your auto loan's term. A higher APR will mean you'll pay more per year over the cost of the loan.

Where does that leave you? Well, here at Prime Ford Auburn, our Ford finance center at our Ford dealership serving Auburn and Worcester can help you arrive at affordable financing solutions so that you can enjoy a smooth financing experience that inspires confidence.

Contact Us

If you have any questions about APR or any other facet of the auto financing process at our Ford dealership near Westborough and Charlton, please don't hesitate to ask. Our friendly Ford financing experts have plenty of experience with guiding drivers from Holden to Spencer and beyond with the process of obtaining an auto loan, and we can help you find the best rates.

Reach out to our team today to get started, and we'll be delighted to help you begin your next automotive journey here at Prime Ford Auburn. We look forward to serving you!

Categories: Finance
Tags: finance, apr