Finance Center

We deliver flexibility

Welcome to Vern Eide Mitsubishi’s Finance Department, your auto loan and car lease resource. We’re eager to provide financing for your new car, or we can assist in used car financing. Check out our online car loan calculator for an instant car loan rate. Then, proceed to our online finance application.

All types of credit, from good to bad, can qualify for an auto loan. No credit, no problem! We will work with you to secure a no credit car loan if your situation demands it. Vern Eide Mitsubishi has strong relationships and is committed to finding you the perfect car loan company to suit your car finance needs. Low interest car loans are available for customers with existing loans. We can help you refinance your car loan or adjust the term of the contract. You’re just a step away from approved car financing!

Let’s start with understanding the question and what the page answers: “What is car financing?”

Car financing indicates a way of getting a new or pre-owned vehicle without purchasing it outright with cash. Options may include leasing a vehicle, which means you’ll drive a car for a set period of time, a limited number of miles and have payments for that specific vehicle over the specified timeframe. It may also entail taking out a loan to cover the cost of the car, which you will pay over time, typically with added interest. In either situation, you’ll be making monthly payments.

What Kind of Car Financing is Best for Sioux Falls Drivers?

The selection you pursue for financing ultimately depends on your driving demands and financial situation. For example, if you want to own the vehicle once your payments are finished, then traditional financing may be the best route for you. However, if you’re the type of Sioux Falls driver who enjoys driving new vehicles more often, then a lease may be your best bet since the length of a lease is typically shorter than the traditional model – not always but most of the time. It’s also important to note that leases typically require smaller down payments and carry lesser monthly fees, while you may have to pay more with traditional financing – for the ultimate reward of owning the vehicle, of course.

Feel free to consult with the team at Vern Eide Mitsubishi if you’re uncertain which type of car financing better fits you. We also provide financing for bad credit, good credit and everything in between!

Can I Qualify for Car Financing?

If you’re ready to get started with the financing process at your trusted Sioux Falls Mitsubishi dealer, start by applying for financing online. Our credit experts have been able to help car shoppers with credit scores ranging from bad to excellent. We work with numerous financial institutions to find the best options that allow affordable and flexible payment options for drivers in Sioux Falls, Brandon, Tea, Harrisburg and Worthington.

Don’t hesitate to reach out to the team at Vern Eide Mitsubishi if you have any questions before you get started. We’re always happy to help! Shop our inventory online, stop by, or give us a call when you’re ready.