Saturn Of Torrance
20410 Hawthorne Blvd.Torrance,CA90503Sales: (866) 297-2329
- Service: (877) 711-1190
- Parts: (866) 452-9742
Los Angeles Car Loans - Saturn Of Torrance
Financing is all about options. To get a car loan that will fit your needs, work within your budget and be as low an interest rate as possible, you need to have options. By working with over 50 lending institutions we can offer you those options. You'll be able to select the new or used car loan or lease that is best for you!
Stop by our dealership to start the financing process, or begin right here online! You can fill out our car loan application form and we'll get back to you shortly.
Financing Navigation
Contact Information
- Saturn Of Torrance
-
20410 Hawthorne Blvd.
Torrance, CA 90503 -
- workSales:
- (866) 297-2329
- serviceService:
- (877) 711-1190
- partsParts:
- (866) 452-9742
Finance FAQ
pause
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.