Sherwood Kia
20 Broadway Blvd Sherwood Park, AB T8H 2A2Sales: 1-800-559-4974
Auto Loans & Car Finance Center
Get a Low Interest Rate on a Car Loan in Greater Edmonton
Welcome to the Sherwood Kia Finance Centre for auto loans and car lease programs. Use our online finance application form to get a quick and accurate response on financing for your next New or Used car. Good, Bad or No Credit? Apply today! We guarantee 100% approval! Your financing information is sent securely in an encrypted format and we'll be kept confidential. To follow up on your pre-approval application please contact at (800) 559-4974 or email us at sales@sherwoodkia.ca.
Once you are pre-approved, come in to our dealership, located at 20 Broadway Blvd., Sherwood Park, AB, or search our extensive new Kia inventory, and pre-owned cars inventory, right here on our state-of-the-art website. We know you'll find the car, truck or SUV that suits your lifestyle.
Financing Navigation
Contact Information
- Sherwood Kia
-
20 Broadway Blvd
Sherwood Park, AB T8H 2A2 -
- sales Sales:
- 1-800-559-4974
Finance FAQ
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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 kilometres from 12,000 to 15,000 kilometres annually. Beyond these figures, fees in the range of $0.10 to $0.25 per kilometer 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.