Print

Financing

Looking for a pre-owned vehicle from a dealership you'll look forward to returning to? We treat our customers how we would want to be treated during and after the sale process. Come in and see for yourself why so many of our customers continue to rely on Performance Motors for their pre-owned needs.

Not only do we take pride in our customer service, but we also want to offer you the best possible financing solution. We work with various credit unions, several local and larger banking facilities such as, but not limited to:

                                       
 

Contact Information
Submit

Financing Navigation

Contact Information

PERFORMANCE MOTORS

183 US Route 1

Falmouth, ME 04105
workSales:
(888) 641-6839

pause

Tip!

Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.

Tip!

Owning a lease vehicle is possible if purchased outright after the lease period ends.

A typical lease period runs between 24 and 48 months.

Tip!

Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.

Tip!

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.

Tip!

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.

Tip!

Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.

Tip!

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.