At Don’s Ford of Utica, we’re always trying to give our Herkimer, NY customers the best deals on new or used Ford Cars and Ford Trucks. And at our Utica, NY Ford dealership, we’re dedicated to working with you to get the price on the Ford you want to fit your budget comfortably. So today, we want to provide a quick run-down of the finance process, and how Don’s Ford makes it easy to understand and saves you money throughout the process.

At its core, Ford financing is simply you taking out an auto loan from a financial institution like a credit union or a bank, and then negotiating the repayment period of the loan. You’ll pay monthly installments until the loan is repaid, but this amount can vary widely, and is affected by several different factors. These include credit score, the interest rate of the loan, how long you’ve chosen to pay the loan back (known as the “term” of the loan), how much the loan is for, and how much you’ve put up as a down payment to defer some of the cost.

If you’ve been looking for a way to boost your down payment, or just get a whole down payment without needing to save anything, then a trade-in is a great way to accomplish either. Don’s Ford makes sure to give you the best price on your trade in, so you can get more for your dollar.

So come in to our Ford Utica NY dealership today and speak to a Ford financing professional to see what we can do to get you in the Ford you’ve always wanted. We’ve got a huge selection that’s waiting to be discovered and driven home. See you soon!