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Financing


Lexington Area Car Loan - Jack Kain Ford

Searching for that auto loan in Lexington area that fits your budget?  The Finance Department at Jack Kain Ford of Kentucky is here to help get you a great deal on a new or used car loan in Lexington.

The Jack Kain Ford auto finance team is ready to create the financing plan that works best for you. Save money, time and frustration by working with the finance specialists at our Lexington area dealership.

Jack Kain Ford's car finance experts work with various financial institutions to get you a great deal on a car loan for your Ford in Lexington. Our dealership is here to make purchasing an automobile a simple and pleasurable experience by helping you to secure the auto loan in Lexington you want. Be sure to view our current finance specials to save even more at Jack Kain Ford!

We can help students with no credit history, or those who have hit a rough spot and now have credit problems. We can customize a loan program to your needs. Call us at 866-308-1225, or visit us in person by coming to 3405 Lexington Road, P.O. Box 9, Versailles, KY 40383.

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Contact Information

Jack Kain Ford

3405 Lexington Road

P.O. Box 9

Versailles, KY 40383
workSales:
866-308-1225
serviceService:
859-873-1216

Finance FAQ

Check out our online finance FAQ section for important information regarding car lease and loan characteristics.

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Tip!

Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.

Tip!

Owning a lease vehicle is possible if purchased outright after the lease period ends.

A typical lease period runs between 24 and 48 months.

Tip!

Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.

Tip!

Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.

Tip!

Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.

Tip!

Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.

Tip!

Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.

If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.