How Does Financing a Car Work?

Signing Finance Documents for Car

If you are in the market for a brand new SUV that is sure to elevate your daily drives around Broomfield and Aurora, you truly can’t go wrong with the rugged yet refined Land Rover lineup. Once you have narrowed down your search to a new Land Rover that checks all of the boxes on your wishlist, you may have questions about your financing options. How does financing a car work? Land Rover Denver explains the basics of auto financing to help you make a more informed decision.

How Do You Finance a Car?

So, how does financing a car work, exactly? The first step in the process is to apply for the loan through the dealership, a bank, or a credit union. When you decide to finance with us, you can complete your application online or start the financing process at our dealership in Littleton. To determine whether you will be approved for a loan and what your interest rate will be, the lender will look at the following factors: 

  • Credit Score
  • Loan Amount
  • Length of Loan
  • Debt-to-Income Ratio
  • Age of the Vehicle

Select the Right Lender

If you are approved for a loan, you could have a couple of options to consider before signing on the dotted line. You can compare the in-house financing offer from the dealership to a bank or credit union offer to see which lender best suits your needs. Before you decide, consider how much you are able to afford for a down payment as well as what your monthly payments will be to cover the loan. You want to be completely sure that you will be able to pay off the loan on the vehicle you select. 

Finalize the Terms of Your Auto Loan 

In some cases, you can try to negotiate a bit on price before the sale is finalized. If this is the case, you and the salesperson will go back and forth until you settle on a loan with an interest rate that works for you. When you and the salesperson have agreed upon a price, it’s time to seal the deal. Sign the required paperwork and get behind the wheel of your dream car. It’s that simple at Land Rover Denver. 

Enjoy Stress-Free Financing with Land Rover Denver

If you still have questions about the financing process, do not hesitate to reach out to our finance team. We would be happy to assist you and help you secure some of the most competitive rates in the Littleton area. The car of your dreams can be yours in no time! 


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Dealership Info

Phone Numbers:Sales Hours:
  • Mon - Fri9:00 AM - 7:00 PM
  • Sat10:00 AM - 7:00 PM
  • SunClosed
Service Hours:
  • Mon - Fri7:00 AM - 6:00 PM
  • Sat8:00 AM - 5:00 PM
  • SunClosed
Parts Hours:
  • Mon - Fri7:00 AM - 6:00 PM
  • Sat8:00 AM - 5:00 PM
  • SunClosed
Body Shop & Collision Repair Hours:
  • Mon - Fri8:00 AM - 5:00 PM
  • Sat - SunClosed
Land Rover Denver 39.6045151, -104.9874889.