Finance Department

Open Today! Sales: 9am-5pm
Call us at: (304) 449-5841


How Does Auto Loan Financing Work?

If you’re wondering how automobile leasing in Charleston and auto loan financing work, our finance professionals at Mercedes-Benz of Charleston are with you. We’re here to help you manage the new and pre-owned car finance procedure near Bridgeport so you can commute along the Interstate-64 or Route 60 corridor to and from work in style. We want to ensure your next pre-owned or new vehicle enriches your experiences around Charleston, like taking a walk back through time at the West Virginia State Museum along the beautiful Kanawha River.  Discover the ins and outs of the vehicle loan financing and vehicle leasing processes today with Mercedes-Benz of Charleston in this guide, then contact us for a test drive!

Auto Leasing So you Can Explore the Capitol

What does car leasing in Charleston mean? Your car leasing experience won’t be the same as either renting or buying. Car leasing means that you pay for a car for an agreed-upon amount of time, referred to as a lease term (usually between 36 and 39 months). Your monthly payments are determined by the difference between your vehicle’s anticipated value at the conclusion of the lease term (including additional taxes, fees, and interest) and your new car price, divided by the number of months in the lease term. If you’re considering leasing a new vehicle around Bridgeport, this leasing process will be distinct from the car ownership process involved in auto loan financing.

Auto Loan Financing

How is the auto loan financing process distinct from automobile leasing in Charleston? Auto loan financing is a form of car ownership. To begin your pre-owned vehicle finance experience in Charleston, you’ll want to apply for a car loan at Mercedes-Benz of Charleston or at your preferred financial institution, like Summit County Bank on Washington Street. However, it’s worth noting that you’re likely to get a lower interest rate through Mercedes-Benz of Charleston, as we have a vast network of lenders to choose from. As you’re investigating your choices, you’ll have the option of either applying for financing in person at Mercedes-Benz of Charleston or applying for funding online. Factors that contribute to the end result of your vehicle finance inquiry include:

  • Loan Amount
  • Length of Loan
  • Debt-to-Income Ratio
  • Credit Score
  • Age of the Vehicle

Learn More About Leasing & New Car Financing

Now that you’ve learned more about leasing and new car financing in Charleston, it’s time to contact us to find out how you can get behind the wheel of the car of your dreams! Our Mercedes-Benz of Charleston finance staff is here to walk you through the process in a way that works for you. As you’re examining your options, you’ll also want to evaluate our offers and incentives to ensure you’re saving the most of your hard-earned money. Visit us today to find out more!

Apply For FinancingValue Your TradeContact Us


Mercedes-Benz of Charleston 38.326558, -81.713262.