Finance

At Ford of Lafayette, our auto loan financing experts are on standby to help our Indianapolis navigate the financial side of buying a vehicle, whether that's exploring car leasing options, Ford finance programs, or used car finance. While we aren't a bank, we have well-established relationships with numerous lenders. When you find a new or used vehicle on our lot in Lafayette, we'll help you cherry-pick the best options for your needs and budget. Then, we'll connect you with a lender who will offer you the most competitive interest rates you can get. Learn about the differences between financing and leasing on our site, and contact us to discuss auto loan financing or car leasing with our Ford financing experts! 

Auto Loan Financing vs. Car Leasing 

One of the earliest steps in the car-buying journey is deciding whether you prefer to lease or finance. If it's been a while since you considered the differences between these two strategies, take a moment to refresh yourself on the benefits of both options. 

Car Leasing offers you flexibility, lower up-front costs, and is easier on your monthly budget. When you lease, your payments cover the depreciation in resale value over the course of your lease, which means it's more affordable. Once your lease is up, you can choose to renew it, change it out for something else, terminate it, or finance the rest of the value! 

When you finance, you get to build equity. As you chip away at the principal of your Ford finance loan with each payment, you'll owe less and less. When it comes time to sell, any money you make that's more than the principal of the loan is yours to keep. You can also customize your vehicle however you like!

In sum, auto loan financing is the highest value route in the long term, while leasing is the more gentle on your budget in the short term. Neither option is better. Some Frankfort drivers may prefer the convenience of car leasing, while others may be ready to invest. 

Selling Your Car to Our Dealership

Selling your car to our dealership is an easy process: 

• Clean Up Your Car: Having your car washed, detailed and replacing small parts like windshield wipers or floor mats is a great way to increase the value of your vehicle before you bring it to our team dealership. 

• Write Down the Benefits Of Your Car: Having a detailed history of the maintenance record of your vehicle, a list of its additional features, and a list of its accessories like extra key fobs or bike mounts will increase the value of your vehicle and make it more appealing. 

• Have Your Car’s Title on Hand: Having your vehicle’s title ready when you sell it will save time on our end. 

• Research Your Car’s Value: Use tools from Cars.com, Kelley Blue Book, or your local dealership to find the trade-in value of your car. You can use this number to negotiate your price or get an approximate value for what we’re willing to buy your vehicle for.

• Pick Your Dealership Wisely: If you have a newer, gently used vehicle, then most Delphi dealerships will buy it regardless of their inventory or the car’s initial condition. However, if you have an older model car, you may find it easier to sell it at a used car dealership instead.

• Make an Appointment With Us: Make an appointment before selling your vehicle to us. That will give us time to go over the car, inspect it, and make sure we can resell it.

Our Five Star Exclusive Lifetime Warranty Gives You Peace of Mind

Ford of Lafayette is proud to offer our Five Star Exclusive Lifetime Warranty to give you peace of mind with your new vehicle purchase. It’s one of the top benefits of buying a new car, truck, or SUV from us.

After the manufacturer’s warranty expires, our lifetime warranty kicks in to cover vital parts of the engine, transmission, and drivetrain. Your deductible on covered repairs is $100 per component. We highly recommend this warranty, as well as keeping your new vehicle in top shape by bringing it into our service center. 

Contact Our Ford Finance Team Near Delphi

Do you have more questions about auto loan financing, used car finance programs, or car leasing? Then, call Ford of Lafayette at 765-448-7002. Our specialists are more than happy to help you navigate your options and make an informed financial decision. While you're here, take a moment to explore our car buying tips for helpful reads on a wide range of topics.