More than just getting you approved for your vehicle
purchase, our Business Manager Larry Panzeri will help you
for years to come. From great finance rates
to service contracts and rustproofing and GAP insurance, he'll help you
understand your options, assist you in finding the right protection for
your investment and save you money in your next vehicle
At Nemer Motors, we make your goal of
getting a great rate
on a car loan or lease easy to achieve! We have all the tools,
information and professional help you'll need when determining the
perfect loan or lease rate for your budget. Our finance experts can
help almost anyone achieve an auto loan or lease, even those with bad
The loan payment calculator will show you an estimated monthly payment based on your annual percentage rate, down payment, vehicle trade in, and purchase price. We can also find you vehicles from our inventory that will fit perfectly into your budget with a single click.
You can apply for your car loan online with our secure finance application. When we receive the application, we'll look it over and one of our friendly staff will contact you as soon as possible.
24 Performance DrBennington, VT 05201
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.