Financing and Leasing for All

• Leasing: This is like renting a vehicle for a long-term period. You pay a monthly fee to use the car but must return it at the end of the lease unless you choose to buy it. Typically, you have mileage restrictions and are responsible for the car's maintenance and any wear and tear.
• Financing: When you finance a car, you're taking out a loan to buy the vehicle and making monthly payments until it's completely paid off. Once it's paid off, you own the car outright.

Yes, Tim Dahle Auto Group offers financing options for individuals with good credit, bad credit, or even no credit at all.

Generally, both leasing and financing require credit checks. However, because the total cost of leasing can be less than buying, some people find it easier to get approved for a lease with bad credit than for a loan. Still, terms and rates will vary based on individual creditworthiness.

A down payment is an upfront amount of money you pay when purchasing or leasing a vehicle. A larger down payment usually results in lower monthly payments because it reduces the amount you need to finance or lease.

Your eligibility for a car loan depends on various factors, including your credit score, income, employment history, existing debt, and the value of the vehicle you intend to purchase.

The down payment requirement may vary based on factors such as the purchase price of the vehicle, your credit history, and the lender's policies. Typically, a down payment of 10-20% of the car's value is recommended, but we can help you explore options that suit your budget.

The cost of leasing a car is influenced by the vehicle's price, the lease term, the money factor (interest rate), and the residual value (estimated value at the end of the lease). Your credit score and other financial factors may also play a role in determining the lease terms.

Leasing may involve some fees, such as an acquisition fee, disposition fee (if you choose not to purchase the vehicle), and potential fees for excess wear and tear or exceeding the mileage limit. These fees should be clearly outlined in your lease agreement.

Ending a lease early is possible, but it may come with early termination fees. If you need to terminate your lease early, it's best to discuss your situation with the leasing company to understand your options.