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 Determines my APR?

The finance companies, bank, or whoever is giving you your loan, decides what your APR is.

Some key factors they use are:

  • Your credit history
  • The size of your down payment
  • The age of the car
  • The length of the loan

All of these and more are considered by the finance company to determine the APR of your loan and estimate how likely you'll be able to pay off your debts.

Who goes over your APR at Bobby Rahal Toyota in Lewistown

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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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...


Bobby Rahal Toyota of Lewistown

425 Electric Ave.
Directions Lewistown, PA 17044

  • Sales: 717-248-0119
  • Service: 717-248-0119
  • Parts: 717-248-0119


  • Monday 9:00am - 8:00pm
  • Tuesday 9:00am - 8:00pm
  • Wednesday 9:00am - 8:00pm
  • Thursday 9:00am - 8:00pm
  • Friday 9:00am - 6:00pm
  • Saturday 9:00am - 5:00pm
  • Sunday Closed