Whether you want a new Nissan car or a used Nissan SUV, you’re likely to be looking at Nissan finance options. You can count on our staff to help you find the right financing option, but we know that a lot of drivers prefer to do some research ahead of time.
Today we’re diving in to one of our most frequently asked questions: how long can you finance a Nissan vehicle for?
Nissan Financing Lengths
The good news is that you have plenty of options to choose from! Financing terms for your Nissan vehicle can range from a 24-monty (two year) term to 84 months (eight years.)
So the real question isn’t how long you can finance your car, truck, or SUV for, but what finance term is right for you. Here are some questions you can ask yourself to help decide:
- What is my monthly budget? This is key, of course. Monthly payments can vary a lot depending on your loan term. A longer-term loan will have lower monthly payments, while you can expect much higher payments if you’re trying to pay off a car in two or three years.
- How much can I afford for a down payment? A larger down payment is the great way to offset your monthly costs, and can help you either lower your payments or shorten your loan term and still stay within your monthly budget.
- Do I care more about monthly payments or overall expenditures? While a longer loan term means you’ll pay less each month, you will also pay more in interest overall. The answer to this question might be influenced by your interest rate, which is affected by everything from lender to your credit score.
Finance a Nissan Vehicle in Bedford, OH
Still not sure how long you want to finance your Nissan Sentra or Nissan Pathfinder? Bedford, OH drivers can count on the experts at Bedford Nissan to help. We’ll talk through your options, help find a loan that works for you, and answer any questions you still have!
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