This site was designed for the latest version of Chrome, Firefox, Safari, and Internet Explorer (version 10+). Some features may not work correctly in your browser. OK

Financing Frequently Asked Questions

Financing Frequently Asked Questions

The prospect of buying a new vehicle can be very exciting. However, the actual process of doing so can often be confusing or difficult. There are a lot of factors that go into purchasing a vehicle, and those factors can raise a lot of questions for customers. Here at Hometown Motors, we want to make sure that our customers are armed with the best knowledge to help them succeed. The following answers to frequently asked questions about vehicle financing should help our customers gain that knowledge!

Q: Should I buy or lease my new car?

A: There is no one set answer to this question. The solution that works best for you will depend on what benefits you want out of your new vehicle. Buying a vehicle allows you to customize it as you please. Meanwhile, leasing a vehicle ensures you get all of the latest gadgets, as well as an extended warranty for your vehicle.

Q: What responsibilities does a cosigner have?

A: A cosigner is an individual who helps you purchase your vehicle in order to add more financial security to the purchase. The cosigner thus has equal responsibility for ensuring that the payments for that vehicle are made and made on time.

Q: What factors affect my credit score?

A: Your credit score is determined by a great number of factors. Some of the most important factors to keep in mind are your payment history, the duration of your credit history, and the types of credit accounts that you have open. Want to check in on your credit score? Head over and find the easy ways to determine your credit score!

For the answers to any questions you have about vehicle financing, feel free to contact our expert finance staff at Hometown Motors in Weiser, ID!

Have a Question?

Have a question? See a vehicle you like? Hometown Motors wants to hear from you!
- + Disclaimers