Looking for a good auto loan rate on a new Dodge, Chrysler, Jeep or used car in the Colorado Springs and Pueblo area? Look no further than the auto financing team at Perkins Motor City! We work with the area's top lenders to secure a fast, low interest car loan. Whether your credit is good or bad, Perkins Motor City will work with you to find the car loan or lease in the Colorado Springs and Denver region that fits your budget. Begin the process of securing a car loan or lease by filling out the Perkins Motor City's online finance application form from the comfort of your home or office. We will contact you as soon as we review your application.
Once you get approved come into our Colorado Dodge Chrysler Jeep car dealership located at 1205 Motor City Dr., Colorado Springs, CO 80906 or search online to browse our extensive inventory of new Dodge, Chrysler, Jeep vehicles and used cars from today's top automakers. We know you'll find a car, truck or SUV suiting your lifestyle at Perkins Motor City Dodge Chrysler Jeep!
Feel free to contact us online, or over the phone, any time at (800) 906-8340.
1205 Motor City Dr
Colorado Springs, CO 80905pause
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.