What Determines the Vehicle Price and How Much You Pay?
The MSRP
The MSRP is the manufacturer's suggested retail price. It is determined by automakers based on production costs, marketing expenses, demand, popularity, and available features.
How Much You Pay
How much you pay will be determined by factors including, but not limited to, your creditworthiness, down payment, and any special incentives and discounts. Many times, a new or used vehicle will have an original MSRP vs an exclusive offer through one of our Musson Patout dealerships. We aim to extend the gap between the MSRP and your final retail cost at checkout.
Your Trade Value
Your trade value will have a significant effect on how much you pay for your vehicle. While you're not required to trade a car to us or even buy from us (in the event that we buy your car from you). Use this to your advantage when you're looking to upgrade with fewer out-of-pocket expenses.
What Are Some Important Things to Consider When Upgrading?
Taxes and Fees
All vehicles purchased in New Iberia and the surrounding areas are subject to sales taxes and document fees. These fees are added to cover the costs of paperwork, state taxes, and other administrative processes associated with our dealership. Be prepared to see these included in your final costs.
Leasing Vs. Buying
Decide whether you want to finance or lease a new vehicle. If you're unsure which one is best for you, here's a quick comparison of the two:
- Leasing is good for those who: Want lower monthly payments, do most of their annual driving locally, don't want to customize their vehicles
- Financing is good for those who: Want more flexibility with monthly payments, put a lot of miles on their vehicles each year, and want to customize their vehicle.
How Does the Payment Calculator Work
Determining Your Monthly Payment
The payment calculator is a simple tool that lets you see how to achieve your desired monthly payment in real time. Once you find the vehicle you want, you can enter the final cost of the vehicle, your down payment, estimated APR, and term. Once entered, your estimated monthly payment will show in the last box. Hit the reset button to start over.
Accelerate Your Application and Get Pre-Approved
Once you adjust the variables and land on a monthly payment you desire, then it's time to submit your credit pre-approval. This process takes only about ten minutes or less, and it will instantly show you how much you're approved for, easing any apprehension during the process. Have you experienced credit difficulties in the past? Don't worry. We can still help. We work with lenders who have:
- A History of Late Payments
- Experienced a Divorce
- Gone through Bankruptcy
- Experienced Repossession
- Went Through Foreclosure
If you're looking for a second-chance financing option, your team at Musson Patout near Lafayette is here to help. Get your finance application started online and let our team take it from there.