Formby Interstate Ford has auto financing programs for all types of credit, from perfect to not so perfect credit. We handle special car financing to get everyone who comes to our dealership from Denver and the surrounding area the best available rate on a car loan. That's why Formby Interstate Ford has been the preferred destination for new and used car loans in the Denver, Colorado area. Our new and used auto loan program keeps customers from Longmont, Golden and Boulder, CO, returning again and again.
We've built our website to help Colorado customers get the information they need, to find their budget, select the right car or truck, and apply for financing. Use our payment calculator to get estimated monthly payments, find your budget, and pull vehicles right from our inventory that fall within your budget. Formby Interstate Ford in Dacono, CO, has also set up a financing FAQ to help answer questions like "What's the difference between an auto loan and a lease?", and a lot more. As your number one Denver Ford dealer, we have financing options on every used car and new car that we sell.
If you're ready to apply for your car loan, you can do it right through our online car loan application. The information is kept secure and not sent via email. You can also stop by the dealership in Dacono. We are just 10 miles from Longmont and 15 miles from Boulder; located at 800 Bryan Court, Dacono, Colorado, just off of Interstate 25. If you have any questions for our finance department regarding your car loan, feel free to call us at (303) 833-6700.
Please fill out out our full Finance Application - Click to Fill it out now!
800 Bryan Court
P.O. Box 490
Dacono, CO 80514pause
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
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.
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.
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
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.