The Hertrich Frederick Ford Mercury finance center works with many area lending sources to offer customized auto loans and leases. This means we are able to provide you with a great low rate on your new or used car loan in Seaford, even if you have less than perfect credit. Get a great Ford or Mercury lease in Seaford, or set up a financing plan to fit your lifestyle.
If you're thinking about getting a new Ford Mercury, or a used car, come down to Hertrich Frederick Ford Mercury at 26905 Sussex Highway, Seaford, DE 19973. We'll get you a the vehicle you want, at a great price, and smoothly guide you through the financing process. Frederick Ford has programs for a great car loan in Seaford, just for you.
If you would like to start the process of getting a car loan in Seaford DE right away, we suggest you start by understanding your budgeting options. You can find your estimated monthly loan payments by using our online payment estimator; and you can apply for financing with our secure online finance application.
26905 Sussex Highway
Seaford, DE 19973pause
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
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.
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.
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
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.