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Home / Common Vehicle Finance FAQs in Peoria, AZ

Common Vehicle Finance FAQs in Peoria, AZ


Whenever you shop for your future vehicle, it's common for drivers to check out all of their finance options here in Peoria, AZ. So, what do you need to know when you shop for your future vehicle? Here are some common vehicle finance FAQs.

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Vehicle Finance FAQS

Q. If I lease a car, what do I do when my lease is up?
You can either return your car, pay off the vehicle, or extend your lease
Q. Do I need good credit to shop at Mercedes-Benz of Arrowhead?
A. No, you don’t need a good credit score. We accept all sorts of credit, good or bad.
Q. What happens to the car if financing doesn’t go through?
A. Typically, the car is returned to the title owner, usually the dealership.
Q. Do I need to get pre-approved before I shop for my car?
A. It is always a good idea to get pre-approved for any large purchase you plan on making, including buying or leasing a car.
Q. What does APR mean for car financing?
A. APR stands for Annual Percentage Rate
Q. Is it cheaper to buy or lease a car?
A. You’ll most likely have a higher monthly payment if you buy, but overall, you may end up paying more if you lease.

2022 MB EQS interior steering wheel dashboard side view seats
2021 MB A-Clas exterior front fascia driver side in car dealership with windows
2021 MB A-Class exterior rear fascia passenger side in car dealership with windows

2017 Mazda MX-5 Miata RF Grand Touring Coupe
2017 Mazda MX-5 Miata RF Grand Touring Coupe
$21,991
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2017 Mercedes-Benz AMG® GT Coupe
2017 Mercedes-Benz AMG® GT Coupe
$66,490
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Mercedes-Benz of Arrowhead

9260 W Bell Road, Peoria, AZ 85382
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Sales: (623) 806-8764 | Hours
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