Ford Financing & Car Loans in Rexburg, ID

Explore Our Loan and Lease Options at Woody Smith Ford in Rexburg

If you don't have endless disposable income to pay for a new or used vehicle in full, our dealership's auto loan and lease options can help you get the personal transportation you need for your daily drives through Ammon, ID. Our staff can explain each leasing and financing in full detail and help you make the right choice.

What Is an Auto Loan?

An auto loan, commonly referred to as a financing agreement, works like other types of loans; financing involves making payments over a predetermined period. Instead of paying for your Ford vehicle entirely at the time of purchase, you can work out a schedule that allows you to make monthly payments so that you'll have an easier time paying off the vehicle. Once your Ford model is paid off, your vehicle's ownership will be transferred from the lender to you, so you'll be the full owner. To put down a larger down payment, we may be willing to accept your vehicle that you already have as a trade-in. You can also use your FordPass® rewards to earn points to apply towards your vehicle's maintenance and other services in the future.

What Is a Lease?

If you choose to lease instead, you'll enter into an agreement that lets you drive a new Ford car over a specified period. Lease agreements are essentially long-term car rental agreements, and you can choose to either return the vehicle or buy it at the end of the lease period. If you'd prefer to lease another vehicle after your lease agreement expires, we can set you up with another Ford model of your choice. Leasing can be a great option if you don't want to deal with the responsibilities of vehicle ownership and would like to try driving different types of vehicles around Idaho Falls, ID, and beyond.

Schedule a Finance Appointment Online

Whether an auto loan or a lease agreement is right for you will depend on several factors, and our team is ready to offer you guidance. You can get started online with our convenient finance resources. Feel free to calculate your payments, apply for pre-approval, and more from the comfort of your St. Anthony, ID couch. If you're located around the Rigby, ID area, contact us online or over the phone to learn more.