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Financing

At Potamkin Honda Miami, we make achieving you goal of an excellent rate on a car loan in Miami a quick and easy reality! We possess the tools, information and professional help you'll need to determine the perfect car loan or lease rate for your budget. Our finance experts can help anyone achieve an auto lease or car loan in Maimi, Florida, even those with not so perfect credit!

Our 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 form. When we receive the application, we'll look it over and one of our friendly staff will contact you as soon as possible. If you would like to contact someone directly, you can call us at 800-380-1562 or visit our Miami Beach car finance center at 2150 NE 163rd Street in North Miami Beach, Florida. We look forward to working with you!

 

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Financing Navigation

Contact Information

Potamkin Honda

2150 NE 163rd Street

North Miami Beach, FL 33162-4926
workSales:
(877) 391-8484
serviceService:
(877) 391-5454
partsParts:
(305) 493 - 5146

Finance FAQ

Check out our online finance FAQ section for important information regarding car lease and loan characteristics.

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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.

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