New vs. Used Car Buying in Mount Dora, FL

At Advantage Chrysler Dodge Jeep Ram, we know that deciding between buying a new versus a used car can be challenging. Every car buyer’s financial situation is different, and that’s why we offer personalized financing options to help get you into the car, truck, or SUV of your dreams. We are confident we will find you the new or used Chrysler, Dodge, Jeep, or Ram vehicle that fits both your lifestyle and budget. Stop by our dealership in Mount Dora, Florida, right off US-441, to browse our complete inventory of new and used vehicles.


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The Basic Components of an Auto Loan from Advantage Chrysler Dodge Jeep Ram

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.

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Mount Dora, FL | Orlando, FL | Leesburg, FL

Benefits of New Car Shopping:

Buying a new vehicle is an excellent option for those who can afford to spend a little more in exchange for the peace of mind that comes with buying a brand-new car. With a new car, buyers get the latest technology, safety, and infotainment features. Among the benefits of buying a new car is having a wider selection of the latest models to choose from, like the Jeep Grand Cherokee L and Jeep Gladiator. With regular maintenance, a new vehicle can also help you avoid the potential hassle of the required ad hoc repairs sometimes needed with an older or pre-owned vehicle. Each new vehicle comes with competitive financing and leasing options available. Contact our Advantage Chrysler Dodge Jeep Ram sales team in Mount Dora, FL, to learn more about your new car options.

Benefits of Buying Used:

Used cars are a budget-friendly way to get into a great used vehicle without committing to new car ownership. Used cars are less expensive, which results in lower monthly auto payments. Consider buying a certified pre-owned vehicle like the Dodge Durango or Jeep Wrangler at Advantage Chrysler Dodge Jeep Ram. Our certified pre-owned cars have been rigorously inspected and come with a model-specific limited warranty giving both you and your vehicle security and protection. Visit our dealership in Mount Dora, FL, and test drive a used Chrysler, Dodge, Jeep, or Ram vehicle to see why pre-owned is just as good as new!

Shopping for a Vehicle at Advantage Chrysler Dodge Jeep Ram

No matter your financial situation or car-buying needs, Advantage Chrysler Dodge Jeep Ram has the new or used vehicle that fits both your aesthetic desires and budget. Whether you’re looking for the latest technology that comes with a new car or a fantastic, reliable pre-owned vehicle, our complete car, truck, or SUV inventory has something for you. Browse our new and used vehicles online or visit our Mount Dora, FL dealership to find your perfect car match!

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