Most drivers shopping for a vehicle these days will probably opt for some sort of financing. However, we understand that reading through finance contracts can be confusing for Columbus drivers. At Bob-Boyd Lincoln, Inc., we want to make your purchase experience as stress-free as possible. To help, here are some of the most common auto finance terminology you should know.
First, it's likely you will need to provide a down payment. This is an upfront amount of money that goes toward the cost of your vehicle. The higher this payment, the less you'll owe.