Finance Department

Welcome to the McDonald Automotive Group Finance Center

Welcome to the McDonald Automotive Group Finance Center, your auto loan and car lease resource. We’re eager to provide financing for your new car, or we can assist in used car financing. Check out our online car loan calculator for an instant car loan rate. Then, proceed to our online finance application.

All types of credit, from good to bad, can qualify for an auto loan. No credit, no problem! We will work with you to secure a no credit car loan if your situation demands it. McDonald Automotive Group has strong relationships and is committed to finding you the perfect car loan company to suit your car finance needs.

We Finance:

  • No credit
  • Bad credit
  • Good credit
  • Bankruptcy
  • Auto Repair

Low interest car loans are available for customers with existing loans. We can help you refinance your car loan or adjust the term of the contract. You’re just a step away from approved car financing!

Areas We Serve
We are proud to provide auto services to the:
Littleton, Englewood, Highlands Ranch, Centennial, Denver, Aurora,
Lonetree and Parker.

Finance FAQ

Looking into getting a new car? Can’t decide between leasing a new car or buying a new car? Get the facts about dealership financing before you walk into a dealership!

Buying a new car is an exciting time. After hours of research, comparing similar models against one another, test driving numerous models, you’ve finally decided on car you are going to next. Now comes the hard part when trying to decide on whether you should lease your new car or purchase. As a new car shopper it is important to explore all of your options.

Leasing a Car vs Buying a Car

The leasing vs buying benefit can be used as a helpful tool when trying to obtain a new vehicle. Just like with anything, there are benefits to leasing a car and there are benefits to buying a car. This guide can help determine if leasing or buying is right for you.

Benefits to leasing a new car:

  1. Lower Monthly Rates: Monthly lease payments are usually lower than monthly finance payments because you are only paying for the vehicles depreciation rather than the full purchase price during the lease term in addition to lease charges (interest).
  2. “Walk Away” you may return the vehicle at lease end and get a new one if you wanted, or you can decided to purchase the car after you lease is up.
  3. Future Value: the lessor has the risk of the future market value of the vehicle. You generally have the opportunity to gain any vehicle equity.
  4. Up-Front Costs: Up-front costs of leasing a vehicle are usually less than up-front costs. Many dealerships will have seasonal specials such as Volkswagen’s Sign Then Drive Event that features in which Volkswagen will waive the first month, the security deposit and the down payment.
  5. Total Costs Depreciation- when you lease, you pay only for the depreciation expect during the lease term rather for the full value of the vehicle.

Benefits to buying a new car:

  1. Higher monthly payments- When you buy a new car, and you chose to finance the car through the dealership, generally your monthly finance payments are going to be higher than if you would lease because you are paying for the entire purchase price of the vehicle, plus interest, taxes and processing fees.
  2. Future Value: When you chose to buy a new car, the vehicle quickly depreciates almost immediately once it is driven off the lot.
  3. Up-Front Costs: Up-front costs of buying a vehicle are typically higher than it would be if your decided to lease a vehicle. Initial costs include a certain percentage of the down payment, sales taxes, registration fees and other state and government charges.
  4. Long-Term: Buying a vehicle is considered to be a long term investment.
  5. Tax Right-off: a lot of contract workers or people who use own business can use their car as a tax write off. It is harder to do this when leasing a vehicle.
  6. Mileage: You can put as many miles on your car as you want because it is your car. When you lease a vehicle, many lease agreements have a 10,000k miles/year limit.
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