If you’re looking for a new vehicle near Coconut Creek, Coral Springs, Pompano Beach, or Boca Raton, FL, you can use our trade-in car payment calculator to get an estimate of what your monthly loan payment will be.
Whether you want to purchase a RAV4 SUV or a Camry sedan at Al Hendrickson Toyota, all you have to do is input the required information into the form to get an estimate in seconds.
There are a few things you need to input, but before you use our car payment calculator, you’ll have to compile the information.
Price: The first thing you’ll need to know is the price. Once you look through our inventory and find the model you want, write down the price so that you can input it into our calculator.
APR: Both your interest rate and APR (annual percentage rate) will vary depending on your credit score and credit history. You can find out what rates you’ll qualify for by applying for financing online and getting pre-approved.
Term: Determine how many months you’d like to make your term. You can choose between six different term lengths on our calculator, with the lowest being 12 months and highest being 72 months.
Down Payment: This is the amount of money you can put down on the vehicle right away. This amount reduces your loan amount and is subtracted from the total. A greater down payment will mean a lower monthly payment.
Once you’ve gathered all of this information, you can plug these figures into our payment calculator to get your estimate.
Why is trading in your old car a good idea? Well, trading in a vehicle impacts your monthly payments. When you trade in your car, you can get credit for it. That credit can then go toward your down payment on your next car, which will lower the amount you need to borrow to make your purchase. This then lowers your monthly payment.
So, how much can you get for your car when you trade it in? To get an estimate, you can use our Value Your Trade tool.
Any Questions About Our Payment Calculator or Your Estimate?
If you have any questions while using our payment calculator, feel free to reach out to us at Al Hendrickson Toyota. Our team is here to help you find the ideal vehicle and get out on the streets around the areas of Coconut Creek, Coral Springs, Pompano Beach, and Boca Raton, FL.