Finance Terms in Greenville, SC

Very few buyers these days are purchasing their vehicle with cash, so almost every buyer needs to go through the financing process. That’s not just the case with new cars, trucks and SUVs, many people require financing to purchase pre-owned vehicles, as well. The entire process can seem daunting and even frustrating at times, but it doesn’t have to be. Our team at Audi Greenville will help make sure the process is easy to understand and the experience is painless. 

For Audi lovers in Greenville and throughout the Upstate, we're ready to take the mystery out of financial requirements, credit scores and the available financing options. Our finance department is committed to helping you get behind the wheel of the car you deserve. Keep reading to learn more about typical vehicle finance terms accessible to most buyers.


Usual Vehicle Finance Terms

Lenders generally propose car loan terms that range from 36 to 72 months. That gives buyers three to six years to pay off the loan to the bank or other financial entity lending the money. Just remember that you will be paying back that money with interest. The APR you get (the interest rate you will pay) will depend on a few things, but it will rely chiefly on your credit score and the length of the loan. 

If you’re curious about the interest rate you’d qualify for, you can fill out a finance application online. If monthly payments are the most important thing for you, financing for a longer period, for example, a 72-month loan term, will have a lower payment than its 36- or 48-month counterparts. Because the interest rate will be higher and your payment length more drawn out, you will end up paying more for the vehicle in the long run. Most finance companies will recommend you select a shorter loan term to avoid becoming “upside down” on your loan (owing more than your vehicle is worth). That said, there are some dealer incentives that make the longer payment terms more attractive.


Financing with Audi Greenville

If you’re ready to drive a new Audi today, simply fill out our finance application and someone from our qualified finance team will reach out to you. If you’re still just looking, we have convenient tools on our website, like our payment estimator, to help you better understand your financing options.


If you have any questions or want to know more about financing a new Audi, give us a call, click the chat button, send us a message or, even better, stop by our dealership at 200 Duvall Drive, Greenville, SC 29607. Audi Greenville proudly serves customers in Greenville, Spartanburg, Anderson and throughout the Upstate of South Carolina.