Hemborg Ford can help you buy the car of your dreams! Our professional auto financing department helps customers secure a car loan in the Norco, CA area, or find a customized new Ford car lease option. We can even help California residents with less than perfect credit get an auto loan. Fill out our financing contact form below if you would like to have us get in touch with you to answer any financing questions. You may also apply online right now using our finance application form. You can also call us at (888) 306-1704, or stop by our California Ford dealership at 1900 Hamner Ave., Norco, CA to speak to an experienced car loan professional today!
Bad credit? No credit? Don't let credit problems hold you back from buying a new Ford, or a quality used car. Call Hemborg Ford at (888) 306-1704 - we can help you get an auto loan!
1900 Hamner Ave
Norco, CA 92860pause
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.