Summer is a patriotic time of year here in Bozeman. Many people are participating in the classic American summer traditions of barbecues, baseball, and of course fireworks around the Fourth of July holiday.
In addition to celebrating America’s birthday, Denny Menholt Honda is giving you one more thing to celebrate this summer — top APR financing deals on new Honda CR-Vs for sale in Bozeman!
We’re here to tell you why low percentage car loans are the best way to buy new Hondas for sale Bozeman, and how you can get 1.9% APR financing for up to 36 months* on a new Honda SUV from Denny Menholt Honda!
What Does “APR Financing” Even Mean?
First things first – let’s define APR financing.
APR stands for annual percentage rate. It signifies the total amount of interest you will pay on your car loan over the course of a year, including any fees associated with your loan.
Don’t mistake your APR with your interest rate, which does not include those extra fees. This means your APR is actually a broader (and thus more accurate) understanding of the cost of your loan.
How Do You Calculate APR on Bozeman Car Loans?
To determine the amount of money you’ll pay in interest over the course of a loan, you basically just needs to know your interest rate, your principal, and the length of your loan (in months).
Use this illustration from Innovative Funding Services as an example:
Don’t want to do all that math by yourself? Try our free online car payment calculator. It will automatically estimate your monthly payment and/or what you can afford based on your budget.
What is a Good APR on SUVs for Sale at Bozeman Car Dealers?
According to Bankrate.com, the average interest rate for an auto loan is currently between 4% and 5%. It would be reasonable to believe, then, that a good APR on cars for sale Bozeman would be anything under 4%.
What if we told you that you could get financing as low as 1.9% APR*?!
It’s true. Rare, but true. While many dealerships in Bozeman won’t give you a loan for anything under 5% or 6%, Denny Menholt Honda is ready to offer you 1.9%* on new Honda CR-Vs for sale in Bozeman during our Fourth of July Sales Event!
Shop the Fourth of July Sales Event at Denny Menholt Honda!
Not sure you want to finance your vehicle? We’re also offering hot lease deals on new Honda CR-Vs for sale Bozeman.
Going on now through July 8, 2019, lease a new 2019 Honda CR-V AWD LX for just $259/month.** That’s lower than a monthly finance payment for other new SUVs for sale in Bozeman!
Whether you’re looking to buy or lease a new Honda CR-V, we encourage you to schedule a test drive so that you can really feel the spark this Fourth of July. Stop by the dealership or begin your search online today!
*1.9% APR for 24-36 months or 2.9% APR for 37-60 months. Special APR offer valid on on ew and unregistered 2019 CR-V models from May 1, 2019 through July 8, 2019, to well qualified buyers on approved credit by Honda Financial Services through participating dealers. Must take new retail delivery on vehicle from dealer stock by July 8, 2019. Not all buyers will qualify. Higher rates apply for buyers with lower credit ratings. No down payment financing may be available for well-qualified buyers. actual down payment may vary. See dealer for details.
** $259 per month for 36 months. $2,599 total due at signing. Closed end lease for 2019 CR-V Continuously Variable Transmission AWD LX (RW6H3KEW) available from May 1, 2019 through July 8, 2019, to well-qualified lessees approved by Honda Financial Services. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $26,795 (includes destination, excludes tax, license, title, registration, documentation fees, options, insurance, and the like). Actual new capitalized cost $24,533.09. Net capitalized cost includes $595 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Total monthly payments $9,324. Option to purchase at lease end $15,541.10. Must take new retail delivery on vehicle.