Cadillac Financing Frequently Asked Questions (FAQ)

Shopping for Cadillac financing offers is an easy process at its heart, but drivers still have several questions when browsing their options. Whether you're looking for better rates or unsure if financing is even suitable for you, our dealership has the answers you need. If you're in the market for Cadillac financing but have some questions before you sign, Fields Cadillac St. Augustine is happy to answer them - including these frequent financing questions. 

Should I Finance or Lease? 

One of the most important questions drivers have is whether or not they should finance or lease a vehicle. The answer will depend on several factors, including your budget and how much you drive a car every month. 

A Cadillac lease typically has lower monthly payments, but you have to turn the vehicle in at the end of the lease. With financing, you own the car and have more flexibility in using it, at the cost of higher monthly payments. 

What Should My Down Payment Be? 

You should put at least 20% of the vehicle price down when you sign a financing offer. If you can afford to put more money down, that will further reduce your monthly payments. 

How Can I Make the Process Easier? 

We recommend getting pre-approved for a loan to make the financing process easier. You can punch in your details on our website to get a quote from our financers, giving you a concrete offer before you even visit our dealership. 

Can I Finance with a Low Credit Score? 

Yes. Our St. Augustine, FL Cadillac dealership can help you find the right financing option even if you have less-than-perfect credit. We work with forgiving financial institutions that take on low-credit buyers and provide special terms. 

How Can I Improve My Credit Score? 

Keep your account usage down, especially regarding credit cards. You should also make on-time payments to all your accounts and hold off on opening a new loan while preparing for auto financing. 

Browse Cadillac Financing Offers in St. Augustine, FL 

If you have even more questions about Cadillac financing, our team is ready to answer them. Contact Fields Cadillac St. Augustine for more information about financing. You can also browse our new Cadillac model selection to see which models are currently available. Schedule your appointment today!