Choosing between a brand new vehicle and a used vehicle can be a tough decision, especially when you can find the same great models at Lancaster Dodge Ram FIAT in Lancaster, Pennsylvania. So, we've decided to discuss the benefits of both options, and connect you to the online tools and financing experts that will help you make the most informed decision. Give us a call for even more information on the differences between buying a new vehicle and a used vehicle.
Â
(717) 393-0625
Finance Department
The Basic Components of an Auto Loan from Lancaster Dodge Ram FIAT

Down Payment: This is how much cash you pay upfront for your car and is calculated as a percentage of the overall price of the car. Generally, the higher the down payment, the lower your monthly payments will be.
Interest Rate: Also known as the A.P.R. (Annual Percentage Rate), the interest rate is the money you pay a lender to borrow their money. Your credit score, the current market rate, the loan term, and the size of your loan impact your interest rate. The lower the interest rate, the lower your monthly payment.

Loan Term: This is how frequently and long you will be paying your loan. Typical loan terms consist of monthly payments made for 3-5 years. The longer your loan terms, the lower your monthly payment will be.
Benefits of Buying A New Vehicle
A brand new vehicle is a great option if you can afford to spend a little more every month for added peace of mind, a longer warranty, and the assurance that your new car or SUV has been driven by nobody but factory and dealership employees. At Lancaster Dodge Ram FIAT, we give Lancaster, PA shoppers the highest quality new models with competitive financing, leasing, and warranty options. Interested in upgrading to a brand new Dodge Charger, Ram 1500, or FIAT 500? Get in touch with a sales associate or visit us for a test drive today.
Â
Benefits of Buying A Pre-Owned Vehicle
Lancaster Dodge Ram FIAT makes buying a used or certified pre-owned vehicle in Lancaster, PA safe, quick, and convenient. The biggest benefit to buying used is a smaller monthly payment for any of our cars, trucks, vans, or SUVs than when buying new, allowing you to get even more for your money. Don't worry, though, many of our pre-owned and used vehicles are still in the prime of their life with hundreds of thousands of miles left in them! In addition to lower prices, you can expect one of our model-specific Limited Warranty Coverage packages. With the state-of-the-art technical facility, your car is in good hands during service, too. It takes just one test drive to see why pre-owned is just as good as new, so come down to Lancaster, PA, and get behind the wheel of your dream model today!
Â
Apply for Financing