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Finance your car through CarsDirect
•We process both loans and leases.
•We work with multiple banks and manufacturer programs to get you the best deal.
•We handle most of the paperwork.
•The service is free and no obligation is required.
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you're interested in:

Ask an Auto Credit Manager
Question: I saw a TV commercial that offered $199 per month on a car. It sounds too good to be true. Can I really pay that little?
Bethany, Columbus, OH
Answer: The special does exist, but make sure you read the fine print. First of all, you’ll need excellent credit to qualify for the offer. And be prepared for a heftier monthly payment that will include fees such as tax, title and license. Also, the special probably only applies to a specific model, which more than likely is a no-frills vehicle with little or no options.
Have a question for a credit manager? E-mail us at creditmanager@carsdirect.com
By submitting a question, you give permission to CarsDirect to publish your question, which may be edited for space.

Loan or Lease
The age-old question. Here are some things to consider when making this decision.
You should lease if...
  
•You like to get a new car every two to three years.
•You want to minimize your monthly payment.
•You don’t want to put a lot of money in your car after the warranty expires.
  
You should take out a loan if...
  
•You plan on keeping your car for a number of years.
•You put more than 10-15,000 miles a year on your car.
•You want to be able to make alterations.
•You want to actually own something after making all those payments.

Find the 

Car Finance

 Options That Are Right For You

Car Finance options seem pretty cut and dry at first. You either take out a loan or enter into a lease agreement to pay for your car. But even if you know the answer to the loan/lease question, the world of car finance can quickly become complicated.

At CarsDirect, we help thousands of people a year with their car finance needs. This guide is designed to answer the major questions we constantly get asked, as well as provide tools, such as a car loan calculator, that will help you through the process. Hopefully, you’ll find it useful in determining the best way to handle your car financing.

Car Financing Options

Car Loan – The traditional car financing method remains to be the car loan. The big benefit is after you pay the loan off, you own the car free and clear. You can also make any alterations to the car you’d like, because after all you own the vehicle — unlike a lease where you return the car when the lease is up.

Car Lease – A car lease remains a popular car financing option for those who want to keep their monthly payments low. It’s also a good method of finance for those who like to get a new car every two to three years.

Refinance Car Loan – You should consider a refinance car loan if you received less than favorable terms during your new car purchase. This is an especially good option if your credit has recently greatly improved and you can now qualify for a much lower rate.

After reading our guide, if you’re still confused about car financing, feel free to look to CarsDirect to make sense of it all. Simply use our new car prices channel to pick the car you’re interested in, submit your contact information, and then fill out a finance application. A Vehicle Specialist will contact you and would be happy to discuss all of the car finance methods at your disposal. CarsDirect makes it easy to get an online car loan. We handle most of the paperwork, and go through multiple banks and manufacturer programs to get you the best deal.

CarsDirect is also an expert when it comes to bad credit car loan products, as we are the largest website that specializes in this area of car finance.

Why go it alone? Rely on CarsDirect to help you make the best car finance decision. We’re not only America’s #1 way to buy a car online, we’re also your car finance experts.

See more information about a car loan.
See more information about a car lease.