If you’re looking to get behind the wheel of a used Kia vehicle here at Folsom Lake Kia, you may have wondered if financing is an option. After all, you likely know that most buyers choose to finance new vehicles rather than pay in cash, but did you know that financing a used Kia car is just as easy? At Folsom Lake Kia, we offer a wide range of financing solutions to help you get behind the wheel of a pre-owned Kia car.
Used Kia Financing: An Overview
Financing a used Kia model is similar to financing a new one, with a few key differences:
- Loan Terms: Used car loans typically have shorter terms and may have slightly higher interest rates compared to new car loans. Our team will help you customize your loan to fit your needs.
- Vehicle Age and Mileage: Lenders may have restrictions on the age and mileage of the used Kia model you can finance.
- Down Payment: When you finance a used Kia car, a down payment may be required, especially if your credit is limited or you’re financing an older vehicle.
Tips for Used Kia Financing
You can make the used Kia financing process easier by following a few simple steps. Before beginning the process, check your credit report to identify any potential issues that could impact approval or interest rates. Additionally, getting pre-approved for financing at Folsom Lake Kia can provide a clear understanding of what you can afford.
It’s also important to consider the total cost of the loan rather than focusing solely on the monthly payment. Factor in fees, interest, and the overall financial commitment to ensure it fits within your budget.
Finance a Used Kia Vehicle in Folsom, CA
At Folsom Lake Kia, our friendly team is ready to help you finance a used or a new Kia vehicle. Visit us today to get the ball rolling on your Kia finance plan.
