Picture this: you’ve just brought that hot new vehicle home to your driveway. Then, the monthly payments come in and you think to yourself… “I can’t afford this.” It’s a nightmare in Broken Arrow, right? Not so when you check out our payment calculator! When you calculate your car payment with this tool, you’ll avoid that headache and get the right vehicle for your needs right off the lot. Read on and learn more about what happens when you check your down payment for a car with us! We’re your Acura sales and finance destination.
How to Use the Payment Calculator
It only takes a few pieces of information to get your estimate of your monthly payment. This is what you put in:
The price of the vehicle. We suggest you don’t just go with the price you’re paying on the top line. You should also incorporate tax, title, and other fees into this overall number.
Interest rate. Your interest rate depends on your credit history, with people with better credit getting lower interest rates and people with worse credit getting higher interest rates.
Loan term. Terms like 60 months, 72 months, and 84 months are most common, but you might see terms shorter than this. A longer loan term means a lower monthly payment but more overall interest paid.
The down payment for your car. The larger your down payment, the lower your overall financed amount will be, which will lower both your monthly payment and the interest you pay on the life of the loan.
Trade-in value. If you want to value your trade with us, we’ll gladly buy your old vehicle! This way, you’ll be able to put the old vehicle’s value toward your new vehicle without having to go to a second location.
Find Our Dealership in Tulsa
Now that you have the facts on our payment calculator, we’d love to host you in person. Our dealership in Tulsa is close to both Bartlesville and Oklahoma City and we’re ready to help you out no matter your life situation. Contact us today to get started.