Finance Your Next Genesis Vehicle at Genesis of the South Shore
With so many exceptional Genesis models to choose from, picking out a new or used vehicle from Genesis of the South Shore has never been easier. However, understanding your financing options and deciding which route to go with may be more difficult. Our Finance Center at Genesis of the South Shore strives to simplify this process and explain our options thoroughly. Our goal is to make the financing process a more pleasant experience for our West Islip buyers. By presenting multiple options, explaining their advantages in detail, and leaving the ultimate decision to the consumer, we seek to empower our clients near Dix Hills.
Financing Options Explained
Once you've picked out a Genesis car from our new inventory, it's time to head on into the Finance Center to complete your transaction. This is where our finance staff helps you explore everything financially required for your purchase. From a down payment to a trade-in to sales tax and everything in between, we address how you wish to fund your new Genesis vehicle.
Lease Agreement
Leasing a vehicle is a good option for some Babylon shoppers, and we are here to break it down for you. When you enter into a lease agreement, you are making a monthly payment for a fixed term, similar to what you do with an auto loan. However, at the end of a lease agreement, you return the model and what you do afterward is completely up to you. You can shop for a new vehicle to lease or loan, buy a vehicle outright, or explore other options. Mileage restrictions often accompany leased vehicles, but they generally include maintenance and come with a lower interest rate. So, this is a great option for flexibility if you don't drive far distances around Brentwood. You'll also have access to the latest features through a leased car. If you decide you want to buy your leased vehicle, that may even be an option, as well.
Auto Loan
Auto financing via an auto loan is a more common practice, but there are still some questions surrounding this practice. So, let's go over auto financing at Genesis of the South Shore. If you decide you want to take out an auto loan, let us do the work of quoting multiple auto lenders for you. By letting us contact our network of lenders, we work to get our buyers near Lindenhurst various options. We can present multiple selections for you to choose from, which many buyers appreciate because of the sheer convenience. With an auto loan, you will pay a monthly amount of principal and interest for a set term, similar to an auto lease agreement. However, once you make the last payment on an auto loan, the vehicle is considered yours, and you will receive a lien release from the lender.
Other Financial Considerations
Financing a Genesis model from Genesis of the South Shore has a few other aspects you'll want to consider. If you have a trade-in, our team can inspect your vehicle and offer a fair price toward the cost of your newly-selected vehicle. Of course, you don't have to trade in your current model, but it can help reduce the monthly payments on your new Genesis vehicle selection. Also, a down payment is another tool you can use to reduce your monthly payments. We offer certified pre-owned Genesis vehicles, which offer competitive rates for you also to consider.
Sales tax and registration are another financial consideration to keep in mind. Some lenders will allow you to finance these costs, while others won't. So, if you're interested, let our finance team know promptly. Not to mention, auto insurance will need to be evaluated before purchasing a new or used Genesis model. Understanding how these costs will affect your monthly payment is an important financial responsibility for all buyers.
Schedule Your Finance Appointment Online
Before discussing financing, come into Genesis of the South Shore and pick out the Genesis model you could see yourself driving daily around Bayshore. We'll let you take it on a test drive, talk about the price, and then set you up with one of our Finance Center experts to seal the deal. When you're ready, we are at Genesis of the South Shore! We proudly serve Deer Park and the surrounding New York areas. Take the short drive to our dealership today. Our team looks forward to meeting with you soon.
