Have you been eyeing the new Audi RS 6 Avant or the Audi e-tron GT for sale in Philadelphia? Whether you're considering this model or another luxury car or SUV, we understand where you're coming from. At Audi Cherry Hill, we want to make sure you’re well-prepared for the financing process so you know what to expect. Here’s what you should keep in mind.
What Does It Mean to Finance a Vehicle?
When you finance a vehicle, you’re taking out a loan for the purchase price, minus your down payment. This loan allows you to pay off the car over time through flexible payment options, rather than paying the full amount upfront. Once you’ve made all your payments and the loan term ends, the vehicle is yours. Even if you decide to sell before fully owning it, you may have built up equity in the vehicle.
Since you’re not leasing, you have the freedom to modify the vehicle as you wish. Once your financial obligations are met, the car is fully yours, and no one can dictate what you do with it.
Your financing payments are based on the terms you agree to in your contract. Each payment helps you build equity in your Audi. While financing payments are typically higher than lease payments, it’s because you’ll eventually own the car outright, unlike a lease where you have to return the vehicle at the end of the term.
Find the Financing That Fits Your Needs
Once you’ve decided on the Audi you want to buy, it’s time to work out the financing details. Talk to our friendly staff and start the application process today. Once we have your information, we’ll help you find the lowest monthly payments available and get you on the road in style.
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