The car buying process can be mystifying, especially when it comes to car loans. It's easy to become confused on important concepts, such as APR.

Luckily, we make it our job at Bobby Rahal Toyota to explain everything you need to know so that you fully understand what you're signing up for.

Remember, APR stands for Annual Percentage Rate, and it's the total amount of interest paid on the financing of a vehicle over one year.

The APR includes all the up-front fees and maintenance charges of the loan, so it gives you the total cost of the loan over the whole term averaged to an annual percentage. It's basically a tool that can be used by consumers to compare loans in the clearest and most effective way.

Who Goes Over My APR and Helps Me Figure Out the Best Loan Option?

Our team at Bobby Rahal Toyota is prepared to help you along every step of the car loan process. This includes breaking down the costs of comparative loans for you and deciding together which is your best option.

Come on in to Bobby Rahal Toyota to learn more about APR and other car financing terms. We're located at 425 Electric Ave, Lewistown, PA 17044, or contact our staff for more information.

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What Exactly is APR, and How Do I Know I'm Getting the Best APR in Lewistown? Car loans come with plenty of paperwork, but that's why you come to a trusted dealer like Bobby Rahal Toyota of Lewistown for your car buying needs. You want someone who can dig deep, explain all of the terms, and work with you so you're not just signing the paperwork... Learn More!