Buick Financing for Beginners

There’s nothing more exciting than driving a new Buick car off the lot of Zeigler Buick GMC of Lincolnwood, but before you get to that point, you have to figure out a way to pay for it.

While some drivers choose to pay for a new car in cash or with a check upfront, the majority opt for Buick financing. Our friendly finance reps are happy to educate you on how the financing process works, even if you’re new to the process.

The Down Payment

The down payment is the amount that you must pay upfront in order to be able to take out the loan. The more you pay upfront, the lower your monthly payments will be over time.

What is the Interest Rate?

You can think of the interest rate as the monthly fee on the loan. The interest rate will depend on a number of different factors, including:

• The down payment
• Your credit score
• The vehicle purchase price

How Do I Estimate My Monthly Payments?

Before starting the financing process, it is advisable to have an idea of how much you can afford to pay each month. Our website has a handy car payment calculator that allows you to see approximately how much you’ll be paying on a new car.

Simply insert the vehicle price, the interest rate, loan term, down payment, and any trade-in value that you have.

Can I Finance a Car if I Have Bad Credit?

Here at our Buick finance department, we will work with you to find the best loan for you, even if you have bad credit or no credit history.

Don’t hesitate to reach out to our dealers if you have any questions about Buick financing.