Are you looking to drive home in a New Ford or Pre-Loved Vehicle? At Griffin Ford Fort Atkinson, we understand that navigating the world of auto financing can be daunting. Our finance experts are here to make the process as smooth as possible for our customers in Wisconsin.
Below, you'll find answers to some frequently asked questions about car financing straight from our Business Manager, Duston Henze. For more personalized advice, feel free to reach out to our team.


Auto Financing FAQs
01
What are current interest rates to buy a car?
Interest rates fluctuate based on economic conditions and individual credit scores. To get the most current rates, contact our local Ford finance team.
02
How do I get a good interest rate?
Maintaining an above-average credit score, typically a FICO score of 700 or higher, can help you secure a favorable interest rate.
03
How much of a down payment do I need to finance a car?
While a down payment is not always necessary, we recommend putting down 20-30% of the sale price to lower your monthly payments and reduce the overall loan amount.
04
What additional costs will I be responsible for when buying a new car?
In addition to the sale price, be prepared for taxes, titling and license fees. Don't forget to budget for fuel and maintenance costs as well.
05
How can I find the value of my trade-in?
You can easily find the value of your trade-in by using our online value your trade tool. Our experienced team is here to help you upgrade to a new Ford or pre-owned car.
06
Does my credit score impact my loan rate?
Yes, your credit score significantly impacts the interest rate you qualify for. Higher credit scores generally receive lower interest rates.
07
I have a low credit score -- can I still finance a car?
Yes, we work with various lenders to provide financing solutions for individuals with low credit scores.
08
I don’t have a credit history yet -- can I still finance a car?
Yes, we offer financing options for customers who are new to credit. Our team will help you find a solution that fits your needs.
09
What's the best length for a car loan?
A 72-month term is standard in today's market, offering a balance between manageable monthly payments and overall interest costs.
10
Can you offer a better interest rate than my pre-approved rate
Yes, we often provide competitive rates through our network of lender partners. Comparing our rates with your pre-approved offers is recommended.
11
Can I reduce my monthly car payments down the road?
Yes, refinancing your loan is an option if you wish to lower your monthly payments in the future. Our finance team can explore refinancing opportunities with you.
12
Can I sell my car while I'm still paying it off?
Yes, selling or trading in your vehicle before fully paying off the loan is common. We can help you navigate this process efficiently.
13
Can I add a warranty when I buy a car?
Yes, we offer extended warranties and service contracts to ensure long-term protection for your vehicle.
For personalized insights or specific requests, contact Griffin Ford Fort Atkinson today. Our Ford finance specialists are ready to assist you with tailored auto financing or leasing options!
Learn More: Why Buy at Griffin Ford Fort Atkinson