Finance Center at DCH Subaru of Thousand Oaks
Finance Department at DCH Subaru of Thousand Oaks
Welcome to the Finance Department at DCH Subaru of Thousand Oaks. Our goal is to simplify the car financing process for you. Our dedicated finance professionals are here to guide you through every stage, ensuring you secure the most favorable rates and terms. Whether you're opting for a brand-new Subaru or a high-quality pre-owned vehicle, we'll help you find a financing plan that fits your financial situation.
Simplified Financing Solutions
We know that the thought of financing a vehicle can be overwhelming. That’s why our team at DCH Subaru of Thousand Oaks is committed to making it straightforward and transparent. We provide a range of financing options tailored to your budget and lifestyle needs. Our partnerships with multiple lenders allow us to offer competitive loan rates and flexible lease terms. Plus, you can get a head start with our convenient online pre-approval application, which you can complete from the comfort of your home.
Understanding Auto Finance Terms
- APR: The Annual Percentage Rate, which indicates the annual cost of borrowing money.
- Assignment: Transferring a loan from one lender to another.
- Base Price: The initial cost of a vehicle with standard features, including incentives and shipping fees.
- Certificate of Title: An official document issued by the state that certifies vehicle ownership at the time of sale.
- Co-signer: An individual who agrees to take over the loan if the primary borrower defaults on payments.
- Default: Failing to adhere to the terms and conditions of a loan agreement.
- Interest: The cost of borrowing money, expressed as a percentage of the loan amount.
- MSRP: Manufacturer’s Suggested Retail Price, the recommended sale price for a vehicle.
- Refinance: Taking out a new loan to pay off an existing one, usually to secure better terms.
- Term: The duration of the loan repayment period, commonly measured in months (e.g., 24, 48, 60 months).
- Underwriting: The process of evaluating and verifying the information provided to obtain a loan.