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Transportation tax tips to keep you on top

One of the things that West Texas oil drillers can talk about is the importance of leverage. They're usually talking about physical leverage but you've got financial leverage you might not even be aware of. Chances are you're getting a good-sized tax refund this year and that can help you get into a new Ford F-150 pickup or a new Ford Explorer much more easily. You can leverage that money in a way that gets you into the vehicle you want at Lawrence Hall Ford in Anson TX.

Use your tax refund to help increase your down…

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Explore an Incredible Used Ford Inventory at West Texas Ford

Ford is among the top brands in the automotive market. Its vehicle collection includes legendary, classic models like the Ford F-150 and new faces like the Ford EcoSport. Here at Lawrence Hall Ford, we proudly host the most extensive inventory of used Ford models, including trucks, SUVs, and sedans. These vehicles have multiple offerings, as they have different trims and model years. To take control of an affordable Ford vehicle, we invite you to browse our used inventory and locate your perfect match.

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How does your APR affect your monthly car payments?

When you get a car loan, you will probably hear about two key numbers: The interest rate and the APR, or Annual Percentage Rate. The interest rate is the lower number. It’s the annual cost of borrowing money – the interest you’re paying the lender for the privilege of borrowing money. But the interest rate doesn’t include fees and other costs. The APR is the higher number and it reflects the total cost of borrowing, including interest.

The higher the APR, the higher your monthly payments

That’s pretty obvious but that’s how it works. Remember the…

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What is APR, and How Does it Affect Loan Payments?

Many new car buyers start their shopping online by researching different banks. They all want to know what the average APR or interest rate will be on a car loan for your next new or used car. These figures often mean very little to buyers if they don’t understand how APR is determined and how it affects loan payments of Abilene area drives. Our finance team at Lawrence Hall Ford can provide you with all the information you need.

What is APR?

APR, which stands for annual percentage rate, is the amount you can expect to pay each year…

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