Understanding the different terms of financing is an important part of the car-buying journey, and at our Mitsubishi dealership, we believe in keeping things simple. Whether you’re considering purchasing outright or exploring a lease, we’re here to guide you.

Buying often appeals to those who plan to keep their car for an extended period or enjoy personalizing their ride to match their personality. Leasing, on the other hand, tends to offer lower monthly payments and the opportunity to drive a newer model more frequently.

Beyond the financing method you pursue lies a world of terms and concepts that may be unfamiliar territory for you. Here’s some auto financing vocab for you to fresh up on before putting pen to paper:

• APR: The Annual Percentage Rate.
• Assignment: A transfer of a loan from one lender to another.
• Co-signer: A person who takes on a loan if the orig. borrower stops pay.
• MSRP: Manufacturers Suggested Retail Price.
• Refinance: When one loan is used to pay off another.

Knowledge is power, and our pros are keen on arming you with all the knowledge you need to make the most educated decision on your next ride.

Modern car buying often starts from the comfort of home, and our finance center encourages you to explore the convenient online tools we offer. These digital solutions empower you to learn about potential payments, check on financing possibilities, and get a handle on your range—long before you visit in person.

Begin by exploring our Value Your Trade tool. This feature helps you estimate what your current vehicle might be worth if you’re planning to trade it in for a new Mitsubishi. We also offer an online financing application, where you can share the necessary details securely. Completing this application ahead of time can speed up the final steps.

While you’re on our website, browse our online inventory. You can zero in on the exact vehicle you want, arrange financing, and set a time to test drive—all from the comfort of your home.