650.425.1874

Financing

Financing

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Please fill out the following form, one of our sales representatives will get back to you within 24 hours.


These are the steps we recommend you take before leasing or purchasing your new car:

  1. Decide on the car of your choice and 3 favorite colors.
  2. Visit the manufacturer’s website to choose the Make, Model and Trim of the car.
  3. Now, that you picked your car make and trim, its time to contact us for the best deal.
  4. Call 5 Star Motors at 650-425-1874 Office – 408-590-6085 Cell – sales@5starmotors.com for a Free Quote!

Financing VS. Leasing

Leasing is the option of driving a car for a specific term (usually 24, 36, 48 or 60 months). Depending on the term and estimated mileage during the term, a future value is determined (residual value). A lease payment consists of depreciation, a monthly finance or rent charge plus sales tax. At the end of the term, you have the option of purchasing the vehicle for the residual value or turning the car in to the leasing company. Some additional fees or penalties may be charged to you.

Financing is agreeing to pay for the entire cost of the vehicle including the sales tax. Traditionally you pay sales taxes and other required fees at the point of purchase, pay a partial down payment or have them included with your loan, and pay the interest rate arranged by your loan company for a specific term.

In both cases you are required to care for the car and maintain insurance required by the Leasing Company or Lender.

Leasing VS. Buying: Which is better?

Each individual situation will determine which the best option is. We can show you a comparison Lease vs. Finance. There are times when factory incentives make one or the other more attractive. We will advise you of any specials to help you make an informed decision.

Paying Cash? There are times when you can get as low as 0% financing. We will always give you the options for you to decide what is best for you.

Financing vs. Leasing:

There are few fundamental differences between finance and leasing. Financing is a process where one buys the relatively high priced articles and expected to pay it back by making monthly payments. People usually finance cars, computers, and houses.

Leasing is a process of borrowing. The leasing company or manufacture financial services, buys it instead of you, allowing you to use it for a fixed term. You get to use your car for the fixed lease time until the contract expires.Financing might be taken into account as a capital expenditure, while leasing might be considered as an operating expense.