Ford Finance Frequently Asked Questions (FAQ)

Securing a Ford finance offer is an exciting prospect, but you need to be prepared with the right information. It can be confusing to know what to do when you seek financing, as it can be difficult to navigate the financing process without the proper knowledge on hand. Learn more about Ford financing as Folsom Lake Ford answers common financing questions we've received from customers.

Is Financing Right for Me?

Depending on your financial situation, you may or may not benefit from financing over other options. If you plan to own the vehicle after your payment period is over, you'll want to explore financing options to avoid paying a large price upfront. If you want lower monthly payments at the cost of mileage restrictions, however, leasing may be more worthwhile.

Can I Finance Pre-Owned Vehicles?

Yes! You can apply for financing on a pre-owned Ford car if you're interested in shopping for used vehicles. This will often give you lower monthly payments over financing a new vehicle; you can often find several pre-owned models eligible for financing.

Does Financing Affect My Credit Score?

When you apply for a financing offer, you'll likely see a change in your credit report. Keeping up with your monthly payments is a great way to improve your credit score, as it shows that you're a responsible lender. The higher the credit score, the easier it will be to get you behind the wheel of a new Ford vehicle.

Are Financed Cars Eligible for Warranties?

Absolutely! You can still get a Ford warranty on your financed vehicle, applying coverage to your new car for essential parts. Ford warranties cover parts like engine, drivetrain, transmission, steering, brakes, and electrical systems - and more.

Should I Get Pre-Approved for Financing?

Seeking pre-approval for auto financing is a great way to speed up the process and make it easier for you to secure a loan. By applying for pre-approval through our dealership, you'll have an offer on hand to speed up the process.

Learn More About Ford Finance Offers in Folsom, CA

If you have any other questions about Ford financing, our dealership is ready to help you. Contact Folsom Lake Ford to ask about finance options and get pre-approved for a loan. Our Ford lease experts can guide you through the process and help you find the best options. Get started today!