Auto Finance Center in Minot, ND

Welcome to the Ryan Cadillac, where we are dedicated to not only getting you into the right vehicle for you but also to finding the perfect financing package to go along with it. With a full team of auto financing experts, we offer a seamless and hassle-free auto loan application process. So, whether you are interested in leasing or buying a new or used Cadillac vehicle, we are here to help you every step of the way.

Is Financing a Car a Good Idea?

We often encounter drivers who are a bit hesitant to take out a loan for their vehicle; they want to stick to something they can afford to buy outright. However, it is actually a good idea to finance a vehicle. When you finance a car, your budget increases, as do your options. This doesn’t just mean you can get a cooler car, it means you can get a safer one. Plus, so long as you make timely payments, having an auto loan can help to increase your credit score. All in all, financing a car has quite a few advantages.

Why Choose Our Auto Financing Center?

There are a number of ways to finance a car. You can go through your bank, find lenders online, or work with a dealership. We suggest working with the dealership. At Ryan Cadillac, we have a special understanding of what it takes to finance a car and how big of a financial decision buying a car is, making us the ultimate partners in the process. We will walk you through the steps of filling out the auto loan application, assist you in picking the right options, and answer any questions you may have along the way. 

Loans vs Leases: Which Should You Do?

The other major thing to consider when looking for a new vehicle is whether you should purchase or lease. When you come into our showroom, our team can help you weigh the pros and cons of each, but here are some of the general considerations to make:

When you lease a vehicle, you have a set amount of time and miles with it. You are responsible for keeping it in top condition during this period as well. However, leases often come with lower monthly payments and can help you stay in brand-new vehicles with the latest technology every couple of years. Plus, if you really fall in love with a car, you can choose to purchase it once the lease is up.

Taking out a loan and purchasing your car is a bit different as you are simply getting money from a lender so that you can ultimately own the vehicle. You will have no set amount of time or miles with a vehicle you buy and you won’t have to worry about being penalized for its wear and tear. Loan payments are often higher than lease payments, however, you will eventually own this car; you will build equity with it. There are pros and cons to each option and your final decision depends on what really works best for you.

Finance Your Next Vehicle Today!

Ready to drive home in your dream Cadillac? Contact us at Ryan Cadillac today! We will help you find the perfect vehicle and the right financing package to go along with it. Until then, we look forward to speaking with you!