If you are looking to buy a new or used vehicle in the Boise area, and need auto financing, Larry H. Miller Chrysler Jeep Dodge Ram Boise is the place to go. Our car finance team can secure you an affordable Boise car loan or lease option for your new Chrysler, Jeep, Dodge, Ram or used car. Our online finance application makes it a breeze to apply right now, and quickly get an idea of the auto loan and lease options currently available. Rest assured we will work hard to explore any and all available options to get you an auto loan or lease that fits your budget.
We have provided vehicle financing for residents from all over the Boise area, including Nampa, Caldwell and Meridian. Come talk to a car loan and lease specialist at 222 Auto Drive in Boise, ID today!
222 Auto Drive
Boise, ID 83709pause
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
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.
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.
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
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.