Here at Keyes Lexus, we know that shopping for a new car can be intimidating. One of the most frustrating parts for some drivers might be applying for a loan. The process can seem complex, and drivers with less than perfect credit might worry about securing a loan with good terms. Fortunately, our Lexus financing experts are standing by, ready to assist you!

Whether you’re buying a new vehicle or a pre-owned Lexus model, you’re likely going to need a loan. That’s why we make it easy to apply for financing right on our website. Just fill out a simple form and you’ll be ready to take out a loan for your dream vehicle. Once you’re ready to get an auto loan, there are some terms that you should know.

First, there’s the down payment. This is the first payment that you make on your vehicle, often around twenty percent of its total cost.

You then get a loan to cover the rest. You’ll want to keep an eye on the APR, or interest rate. The better your credit, the better a rate you can secure. Remember that our Lexus financing department will work with you regardless of your credit history and we’ll do our best to secure a good loan for you!

Then there’s the loan term, which is how long you have to pay off the loan. A longer term can mean lower monthly payments, but it also means paying more in interest.

If you have any more questions, we’d be glad to help. Talk to our Lexus dealers serving Los Angeles and find the perfect luxury car today. We’ll make financing simple and stress-free. We hope to see you soon for a test drive!