Jim Lupient Infiniti Strives to Make Car Financing in Golden Valley as Simple as Possible
Allow our team to find an Infiniti lease or car loan in Golden Valley that works for your budget. We have put together a list of frequently asked questions to help. However, don't hesitate to contact our team with any further questions.How do I figure out the total for tax, title and license fees?
The tax rate in Minnesota is 6.5% on a purchased vehicle; tax on a lease vehicle is based on the county you live in. The tax is calculated on the sale price of the car less any non-leased trade-in. The title fee is $38.75. The registration fees vary based on the car's model year.
When will my first payment be due?
On a purchase, the first payment will be due 30 to 45 days after signing. On a lease, you will make your first payment at the time of signing.
How long can I finance my car?
The maximum can vary depending on year model, up to 84 months.
How much is required for a down payment?
A down payment is encouraged to help lower monthly payments, but is not necessary.
Do you have any special programs?
Jim Lupient Infiniti offers the College Graduate Program and Active Duty Military Program. Please see a team member for more information.
What is GAP insurance?
You may be surprised to learn that the value your primary insurance company places on your vehicle may be substantially less than the amount you actually owe. The result is a financial 'gap,' and if the vehicle is totaled or stolen, it's you who must make up the difference. This gap liability could cost thousands. GAP (Guaranteed Auto Protection) insurance will pay the difference between the loan or lease balance and what your insurance company pays you, along with up to $1000 towards your deductible. GAP insurance will go into effect if the vehicle is declared a total loss.
How much payment can I afford?
A good guideline is 20% of your gross monthly income, but other factors can cause it to vary. Your Jim Lupient Infiniti Business Manager can walk you through the particulars to help you arrive at a decision that works well for you.
What if my leased vehicle is involved in a wreck?
If your lease vehicle is declared a total loss, the GAP insurance will take care of the balance. GAP insurance is always included in a lease.
What types of purchasing methods do you offer?
Our purchase methods include leasing, traditional financing, and cash payments. Jim Lupient Infiniti has many direct relationships with banks and institutions under which we may be able to offer a better financing rate than if you dealt with the bank or institution yourself.
How does my credit rating affect the purchase of a new car?
Part of the service our Business Managers provide is an assessment of your credit. Sometimes a customer may believe his or her credit rating is not good enough for the purchase of a new vehicle, when, in fact, it may be just fine.
Do you offer extended Service Agreements?
Yes! Service agreement details, including terms and mileage limits, vary between new and pre-owned vehicles.
When and how can I purchase a vehicle Service Agreement?
Generally, vehicle service agreements are sold before the manufacturer's factory warranty expires. You may talk to any of our Business Managers in the dealership at any time to learn about or purchase a service agreement.