Benefits of Financing a New Toyota Camry
There are so many reasons to love the Toyota Camry. Between its sleek design, luxurious interior, and advanced technology that helps you have the best driving experience ever, it’s no surprise you’re considering buying this popular vehicle. As such, it’s advised that you look into your financing options. Financing allows you to buy a brand-new vehicle, like the Toyota Camry, affordably. Instead of paying a large sum of money at once, financing allows you to take out a loan and make monthly repayments until it’s paid off.
While being able to buy a car without having to spend thousands of dollars at once is one of the biggest advantages of financing a vehicle, it’s not the only one. Here’s a list of the top benefits of financing a new Toyota Camry from Toyota of Grand Rapids:
You’ll Own Your Car
One of the biggest benefits of financing a vehicle is that you’ll own it once it’s paid off. While leasing allows you to update your vehicle every few years, it comes with restrictions on mileage. You’ll also likely face additional charges for any damage done to the vehicle, including routine wear and tear. When you finance - and own - your car, these things won’t be a factor. Financing ultimately gives you greater control of your car for the time you own it. Plus, when you’re ready to buy a new car, you can still trade it in to save money on your new purchase.
More Affordable in the Long Run
Leasing a car may be cheaper for you early on, but financing will save you more money over time. When you finance your car, you’re spreading your payments, giving you greater flexibility to do so within your budget.
Allows You to Get a New Car with a Less-Than-Great Credit Score
Buying a new car, whether you lease or finance one, involves your credit score. If it’s in less-than-stellar shape, you may end up missing out on the car you want if you were to try and lease it.
However, when it comes to financing, many car dealerships will work with you to get you in the car you want, regardless of credit score. Some dealerships have specific vehicles designed for those with bad or no credit.
Could Increase Your Credit Score
While we’re on the subject of credit scores, did you know that financing a vehicle could help increase it?
Because you’ll be making monthly payments, you’ll have plenty of opportunities to show off your excellent payment history. Over time, your history of on-time payments will result in a higher credit score.
While this may not be one of the benefits you’re considering when you’re ready to buy a new car, it doesn’t hurt to take advantage of it.
About the Toyota Camry
Now that we’ve gone over some of the top benefits of financing a vehicle, let’s take a closer look at the Camry.
In terms of advanced technology, the Camry offers both Apple CarPlay and Android Auto support, which allow full smartphone access. This is in addition to the 9” multimedia touchscreen, which gives you an easy way to access your apps.
When it comes to safety, this family-friendly vehicle will give you ample peace of mind with the following features:
- Blind Spot Monitor with Rear Cross-Traffic Alert
- Front and Rear Parking Assist with Automatic Braking
- Panoramic View Monitor
- Pre-Collision System with Pedestrian Detection
- Lane Departure with Steering Assist
- Dynamic Radar Cruise Control
- Automatic High Beams
- Road Sign Assist
- Lane Tracing Assist
These features are in addition to the Camry’s capable all-wheel drive, sport-tuned suspension, and selectable drive modes, which give you control over any road condition.
These are just a few of the benefits you’ll love about the Camry. To experience it for yourself via a test drive, head on over to Toyota of Grand Rapids
Finance Your New Toyota Camry Today!
With so many features to love, it’s no wonder the Toyota Camry remains one of the most popular vehicles on the market.
If you’re ready to experience it for yourself, head on over to Toyota of Grand Rapids to take it out for a test drive. After you do, our finance department can help you get pre-approved for financing.
If you want to save time, we recommend filling out and submitting our online credit application. Getting pre-approved before you arrive can save you time at our dealership and get you on the road in a brand-new Toyota Camry sooner.
Regardless of which method you decide on, our team is here to help. We look forward to seeing you soon.