Here at Cole Valley Cadillac, we love the Cadillac lineup and we love to share it with drivers from all across Ohio, but when it comes to automotive financing, some drivers start singing a different tune. We know that auto financing can be stressful, so we're doing all we can to make the financing process easier on our customers. One of the ways we're taking the sting out of auto financing is by making it easy, convenient, and secure to apply for credit online. When you apply online and receive a pre-qualification for financing, you don't have to waste your time or your energy fussing over paperwork, numbers, or financing figures when you're trying to focus on picking the right model, features, and appearance package.

We're also answering some of the most common questions we receive about the auto financing process, so if you've been looking for some straight talk about car financing, your search is over, you've found it. Below, you'll find the Financing Application module, which you can use to safely and confidentially apply for credit to financing your new Cadillac car, crossover, or SUV. If you have questions, take a moment to read though some financing FAQs at the bottom of the page before you apply, or if you're already an expert, get to work on securing the financing you need for the Cadillac model you want.

Cadillac Financing Options

Apply for a no-obligation car loan at Cole Valley Cadillac. Even if you've already secured a loan from your bank, we may be able to find you a lower interest rate. 
Fill out the secure form below, and we'll get back to you to discuss your financing options.

Regardless of whether you're interested in financing your first vehicle purchase or you're a seasoned pro, it's never a bad idea to brush up on your auto financing know-how. Aside from a home, vehicles are one of the biggest purchases most people will make it their lifetime, and the most common path to taking the wheel of a new Cadillac ATS Coupe, CT6 Sedan, or Escalade ESV is by utilizing an auto loan.

What is Auto Financing?

Auto financing and auto credit really just refer to loans from a bank or lending institution that folks access in order to pay for a vehicle. This is what you pay back monthly and over a set amount of time, and your payments reflect the principal loan plus a pre-determined percent of interest.

What is a car loan interest rate?

A car loan interest rate simply refers to the interest you'll pay on your vehicle loan. Like we mentioned above, your monthly car payments goes to pay both the principal loan and the amount of interest. The bank or lender sets the interest rate, and it's displayed as a percentage of the original principal, to be paid back over an agreed-upon amount of time, called the term. For example, a $25,000 60-month loan with a 4.28% interest rate will ask you to pay back the initial $25,000 plus 4.28 percent of $25,000 in even installments over the course of 60 months.

How are auto loan interest rates calculated?

Interest rates are based on a plethora of factors, some of which are transparent (like your credit score) and others are more difficult to parse (like market conditions). In general, the higher your credit score, the better you can expect your interest rate to be, since a high credit score represents a low risk to the lender. Other aspects that go into calculating a car loan interest rate might include size of down payment, whether you're buying new or used, what your loan-to-income ratio is, or what your profession is/how long you've been employed at it. These go toward determining whether you pose a low- or high-risk candidate for the loan, and from there, the lender calculates the final, personalized interest rate.

What kind of financing will I be approved for?

Unfortunately, we can't answer that for you just now, because it's based on a lot of variable and highly individual factors, but it is something we're more than happy to discuss with you one-on-one. One way to be certain about what you'll be approved for is by applying for credit with the convenient application found above. Once you submit your information securely and confidentially, we'll get a decision to you ASAP, and you can wonder no more.