Coughlin Kia of Newark
1118 Mount Vernon Road Newark, OH 43055Sales: (877) 661-6063
- Service: (800) 284-9167
- Parts: (800) 284-9167
KIA Financing Information for Newark, Columbus, Zanesville and Mt. Vernon
--Very low/competitive interest rates available
--Large number of banks and lenders for nearly every purchase or lease
--Ability to work with you and the banks regarding Trade-in Negative Equity situations.
--Help re-establishing your credit from a bankruptcy
--Help getting your first loan
--College Grad Assistance
--Many more, just call and ask how we can help
If you would like a little more information, but NOT yet ready to have us begin working with you and a lender (Credit Application), then fill out the form below and we'll call you to set up a custom loan.
If you're ready to let us begin working for you, then click on THIS LINK and fill out our secure, online Credit Application.
Financing Navigation
Contact Information
- Coughlin Kia of Newark
-
1118 Mount Vernon Road
Newark, OH 43055 -
- sales Sales:
- (877) 661-6063
- service Service:
- (800) 284-9167
- parts Parts:
- (800) 284-9167
Finance FAQ
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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.