Almartin Volvo
85 Executive Drive Shelburne, VT 05482-6476Sales: 888-897-7964
- Service: (802) 985-1030
Financing
Welcome to Almartin Volvo's Finance
Department, your auto loan and car lease resource. We're able to
provide financing for your new car, or we can assist in used car
financing. Check out our online car loan calculator as an aid to
estimating monthly payments on the purchase of a new or used Volvo
from Almartin Volvo.
Almartin Volvo maintains strong
relationships with a several national level financing sources,
primarily Volvo Cars Finance North America. We also work with local
banks and credit unions.
Our role is to shop these various
financing sources to offer you competitive financing terms whether
you prefer to lease or buy. To find out more please feel free to
contact us or call
a sales representative at 888-897-7964.
Financing Navigation
Contact Information
- Almartin Volvo
-
85 Executive Drive
Shelburne, VT 05482-6476 -
- sales Sales:
- 888-897-7964
- service Service:
- (802) 985-1030
Finance FAQ
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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.