Print

Financing

Colville Car Loans - Booth & LaDuke Motors

The Booth & LaDuke Motors finance center works with many area lending sources to offer customized loans and leases. This means we can get you a low rate on your new or used Colville car loan. It also means that we can get you financing even if you have bad credit.

When you're thinking about getting a new or used car, come down to Booth & LaDuke Motors at 880 South Main Street, Colville, WA. We'll get you a reliable vehicle, at a great price, and help you through the financing start to finish.

If you would like to start the process for getting a car loan in Colville we suggest you start by understanding your budget. You can get estimated monthly loan payments from our finance calculator, and you can apply for financing with our secure online application.

Contact Information
Submit

Financing Navigation

Contact Information

Booth & LaDuke Motors

880 S. Main St

Colville, WA 99114
workSales:
800-281-8404 EXT - 277
serviceService:
800-281-8406 EXT - 277

Finance FAQ

Check out our online finance FAQ section for important information regarding car lease and loan characteristics.

pause

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.