Here at Downtown Nashville Nissan, by working closely with our customers and multiple lenders
we can acquire financing for all levels of credit. Even if you have bad
credit, visit Downtown Nashville Nissan, we'll get you the car loan you need to
take home that new or used vehicle from our Nissan dealership inventory.
We also provide a
number of tools for online car shoppers to help gauge what they can afford. With
our payment calculator you can input the purchase price, any trade-in or down payment
amount, and the APR. The calculator will then show you both an estimated monthly
payment, and a list of vehicles from our inventory, ready to go, that fit your
budget. You should also take a look at our finance specials page to see if we have any current discounts on vehicle leases or
loans. So whether you're purchasing your first new Nissan or simply looking for that perfect used car in Nashville, TN fit, we can help you finance whats right for you!
If you're ready to apply for your loan, go to our secure application page. We'll get in contact with you once we receive the
application.
If you would like to speak to a financial representative in
person, stop by the Downtown Nashville Nissan dealership at 1212 Broadway,
Nashville, TN.
Check out our online finance FAQ section for important information regarding car lease and loan characteristics.
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Tip!
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Tip!
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Tip!
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Tip!
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.
Tip!
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.
Tip!
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Tip!
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.