Navigating the world of car financing can seem daunting, but your local Nissan dealer has a team of expert finance staff ready to assist you through the process. Whether you have top-tier credit and want to secure the best lease or purchase option, or your credit has you worried about even getting approved for financing, your dealership’s finance staff has you covered. Keep reading to discover how financing your next vehicle can be easier than you think.
Special Finance Rates at your Nissan Dealer
If you’re considering a new or certified pre-owned vehicle, special rates may be available that you can only find at your local Nissan finance department. Nissan’s finance company, Nissan Motor Acceptance Corporation (NMAC) often offers borrowers special lease and purchase rates that no other bank can beat.
These special rates are offered to encourage customers to purchase a Nissan instead of a competing vehicle. While advertised special rates are typically available for those with excellent credit, other discounted rates may still be available to customers without excellent credit.
Purchase or Lease?
When financing a new vehicle, you’ll often be presented with both lease and purchase options. Which one is right for you depends on your needs and preferences, and your finance manager can help you assess your situation so you can make the best decision.
Pros and Cons of Leasing and Financing
If you choose to lease, your monthly payments will often be lower because you’re only paying the amount that the car is expected to depreciate over the lease term instead of the whole purchase price of the vehicle. People who like to change their cars every few years often choose to lease because they can turn in the car once the lease term is up with no further obligations.
Leasing a car can also ensure that you’re always driving a vehicle with warranty coverage, depending on the lease term and mileage you choose. However, leases have mileage limits, so financing is often a better option for people who put a lot of miles on their vehicles. Purchasing is also a great option for people who like to keep their vehicles for a long time and build equity.
Car Financing for Borrowers with Imperfect Credit
While getting an approval for buyers with less-than-ideal credit may be a little more work, your Nissan finance staff is experienced with financing for all types of buyers. They have programs specifically for people looking to rebuild their credit and can help you finance your next vehicle, even if other banks have turned you down.
Whether you’re just starting to consider your vehicle financing options, or you’re ready to buy today, call or visit our finance department at Banister Nissan of Norfolk in Norfolk, VA for expert guidance. Our experienced finance staff is ready to create the perfect finance or lease package to help you bring home your new vehicle with payments that fit your budget.
