Genesis of Glendale Finance Center

YOUR LOCAL AUTO FINANCING EXPERTS

You've found the right new Genesis model, and now you need to consider the financing terms that suit your needs. Don't fret; our team has the expertise to guide you through the process and get you driving home to Van Nuys, Cerritos, Downey or El Monte in no time. Whether you lease a new Genesis sedan, SUV or electric vehicle, or you opt for a loan on a pre-owned car, we're experienced in all aspects of the auto financing process and we guarantee we'll secure the best possible offer for you.

HELPFUL DIGITAL TOOLS AT YOUR FINGERTIPS

Instead of viewing the financing process as a barrier to enjoying the luxury experience of a new Genesis, we invite you to think of it as the least stressful part of the car buying process. We offer digital tools to speed up your purchase and save you time in our showroom, including our online finance application and online trade-in form. Our course our finance team is happy to answer any questions you may have before visiting our showroom.

TORN BETWEEN BUYING AND LEASING? LET OUR FINANCE TEAM HELP

Shopping at our comprehensive Genesis dealership near Glendale is an exciting experience. We have an impressive full range of vehicles to choose from. So, we have you covered whether you are in the market for a pre-owned model or like your vehicles with fresh paint. When shopping with us, the biggest question isn't whether you will find what you're looking for but how you will end up paying for it. Here is how to know whether you would be better off buying or leasing.

CAN YOU GO WRONG WITH A CAR LOAN?

If ownership is your goal, consider getting a car loan. Car loans are designed to help drivers purchase their dream vehicle without paying the total cost. Instead of paying off the full ticket immediately, our El Monte area finance department will find a lender allowing you to chip away at the cost in monthly installments. Once you've made all your payments, the vehicle is all yours to sell, trade-in, or ride to the wheels fall off.

When purchasing a new or pre-owned vehicle near Downey, there are a few costs to consider outside of your monthly payment. Depending on your credit rating, the sticker price, and whether or not a promotion is going on, you might have to front a one-time down payment fee. You're also on the hook for your registration fees, insurance, and applicable taxes. While your car might have some maintenance services covered under warranty, you will be responsible for its overall upkeep.

While you might end up paying a little more than you would with leasing, you are promised much more freedom. For instance, you can deck your ride out with as many upgrades as you would like and take a road trip every other day. Just bare in mind, though, that certain customizations might void your warranty.

WHEN LEASING MAKES THE MOST SENSE

Though leasing is less popular than buying, Burbank drivers love the many perks of this short-term option. With leasing, you won't have to be stuck with the same car for too long. Most leases are only valid for about 36 months, give or take, allowing you to swap out your vehicle when something newer and more enticing hits the market.

If you become too attached to the car by the end of your term, you can extend your lease or purchase it outright.

Another thing to love about leasing is that you can save a ton of money from start to finish. Because you are renting the vehicle, certain fees and taxes won't apply, and your monthly payments will likely be lower. You can drive off in a higher-priced vehicle at a discounted rate.

Our Van Nuys dealer might offer free oil changes and routine maintenance services to keep the car in tip-top shape. In any case, you will have to cover car insurance premiums and preventable damage services.

Unsurprisingly, lease terms are slightly stricter than loans. You can only customize the vehicle if the dealer approves it, and you aren't granted unlimited miles. If you exceed your limit, you will be charged for every additional mile once your term ends.

There isn't a right or wrong option, just one that fits better with your lifestyle. If you aren't sure how to go or have additional questions about financing your next vehicle, contact our Genesis of Glendale today. Not only will we ease your concerns, but our talented team of experts will do whatever it takes to get you behind the vehicle of your dreams. We look forward to seeing you soon at our dealership.