Finance Your Next Volvo
When you wish to purchase a new or used Volvo at Volvo Cars Tucson financing might be the best plan.
An Affordable Car Loan
Several factors contribute to the cost of a car loan, such as the applicant's credit history. Our Tucson team could assist would-be borrowers looking for competitive APR rates. Please don't assume that a poor credit history will make finding a decent loan impossible. The financing team at our dealership could assist Marana customers of various credit backgrounds.
Down Payments and Trade-Ins
Auto loans for a new or used Volvo involve paying a minimum monthly amount until reaching a final payout. Terms ranging from 24 to 72 months are options, and borrowers interested in an XC90, XC40, or another model will choose the one that fits them. Longer terms allow for smaller monthly payments, while shorter terms speed up the final payout date.
Regardless of the term, once the borrower pays off the loan, the vehicle's title reverts to them. One way to speed up the final payment day involves putting a large down payment or combining it with a trade-in. A down payment and a trade-in would reduce the borrowing balance.
Lease Deals
Leasing a Volvo involves many of the same steps as financing a vehicle. With a lease, the customer returns the vehicle when the term ends. Still, the borrower could finance the leased vehicle if they wish to keep it. Extending the lease term is another option.
FAQ's
Customers can apply for financing toward both new and used Volvo vehicles. Loan terms typically range from 24 to 72 months, depending on credit and lender approval.
2. Can I get approved for financing if I have less-than-perfect credit?
Yes. The finance team works with applicants across a range of credit backgrounds to find competitive rates and plans that fit their needs.
3. Can I trade in my current vehicle toward my new Volvo?
Yes. You can apply your trade-in's value toward your down payment, which helps lower the total loan amount.