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Example

/ month · Illustrative

How car financing can work

The financed amount is usually price minus down payment. Credit and leasing are different models of ownership and cost.

What to consider

Residual value, mileage, insurance and total cost over the holding period. A low monthly figure is not the whole picture.

FAQ

Is the displayed payment an offer?

No. It is a calculation with an illustrative rate. Terms are set by the provider after assessment.

Credit or leasing?

With credit the vehicle is typically yours; with leasing it often remains with the lessor. Tax, maintenance and residual value behave differently.

Is a down payment required?

Not always. A down payment reduces the financed amount and often the monthly figure. Requirements vary.

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