At, we’re always striving to make sure that our customers have the best prices on their new or used Cadillac cars. Whether you’re looking for a new or a pre-owned Cadillac XT4, you’re going to need to have some sort of financial plan to make sure that you can afford the new purchase into your budget. So today, we want to give our Winterville, NC customers and beyond a quick rundown of the financing process, and how we can make it as simple as possible.

At its core, financing is figuring out an auto loan and deciding on a payment plan over a period of years in which you pay off the price of the Cadillac car you’re purchasing. There are traditionally three parties to the auto loan: the auto dealership (the owner of the vehicle), you (the purchaser of the vehicle), and a financial institution (the bank/credit union that’s giving the dealership the money for your vehicle in exchange for you paying them back in monthly installments). However, when you come into Brown and Wood Cadillac, we can act as the institution as well – we provide our own financing, giving you a great deal and taking out the middleman all in one fell swoop! Remember, the more you pay upfront when negotiating for any car loan, the less you pay over the life of your loan.

In terms of up-front payments, most of the time, buying a Cadillac requires a down payment, and a great way to make that happen is to offer a trade-in. The vehicle you’re currently driving can be appraised and have its value added to any down payment or just act as your entire down payment, period.

Speak to a luxury car dealer in Greenville, NC today to discover how our Cadillac financing department can help put you behind the wheel of the Cadillac of your dreams, at the price point you deserve.