We offer 0% financing, 84 month terms, and promise to BEAT ANY DEAL or we will give you $1000! We guarantee the BEST PRICE on New vehicles, Used vehicles, Service or Parts!
Be sure to browse our current Finance Specials - we can help customize a loan program to save you the most money. Whether your credit is perfect or has a few rough spots, we can help you get on the road in your new car or truck today! If you are a first time buyer or need help re-establishing your credit, submit your information today or come in to see us at our Seaford, Delaware location. We want you to be COMPLETELY SATISFIED!
We look forward to serving you!
Joe Steward - Finance Manager
26953 Sussex Highway
PO Box 770
Seaford, DE 19973pause
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.