Buying a car is a big decision. You have so many great options, and the price can vary by a wide amount. To help make the process a little bit easier, Midway Ford has created a selection of featured vehicles that showcase some of the best vehicles. 

This lineup includes the Ford Mustang, Ford F-150, Ford Expedition, and many more. There's something for just about every situation and lifestyle, so pick something that fits your needs. We also go above and beyond to make paying for your new car as convenient and affordable as possible.


Ford Car Finance

Since buying a car is such a large purchase, we understand that most people will have to take out a loan in this situation. Just because you don't have all the cash on hand for your new vehicle doesn't mean you shouldn't be able to get exactly what you want. 

Before you take out a loan, it's important to understand the terms so there won't be any surprises down the road. You can expect to make fixed payments in monthly installments until you've completely paid off your loan, and you own your car free and clear.


New Ford Auto Loan

Ford financing loans are especially common when you want to buy a new vehicle since those are generally more expensive than used vehicles. Most new car loans are spread out over the course of 72 months, which is the same as six years. 

The second-most common term length for new car loans is 84 months or seven years. If you can afford a slightly larger down payment and more significant monthly car payments, you may be able to get a new car loan for 60 months (five years) or even less.


Used Ford Car Loan

The length of a loan for a used car will be about the same as your loan for a new car. If you plan on financing a used car, it's especially important to consider how old the car is and how many miles are on it already. 

If you buy a new car that already has a lot of wear and tear, it isn't as likely to last as long as a new car. It's important to take this into consideration because you certainly don't want to be making payments on a car even after you've moved on to your next one. Terms and interest rates may be different for used car financing, too, so it's important to get a loan that matches your situation appropriately.


How to Get a Car Loan

You can go directly to a bank to get your car loan, but that may be more difficult since your lender isn't associated with the actual seller. Most people choose to work with the dealership to get car financing because that way, you can rest assured you're dealing with people who specialize in car loans. Here at Midway Ford, our financing department will help you get the right loan for any situation.


Ford Auto Lease

Instead of financing a car, you may choose a lease. Instead of buying the car with a loan, you can essentially rent it for a period of time. Most car leases range from 24 to 60 months.


Ford for Sale in Miami

At Midway Ford in Miami, we're completely committed to making your car buying experience as enjoyable as possible. Choose one of our featured vehicles or anything else on our lot, and we'll help you decide between a loan and a lease. Contact us today to learn more.