APR and Interest Rate: Is There a Difference?

If you’re considering financing a new or used Ford, you’ll likely come across these two important terms: interest rate and APR (Annual Percentage Rate). While they sound similar, they aren’t quite the same, and knowing the difference can help you make smarter financial decisions when purchasing your next vehicle.

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Check Out the Used Vehicles at Mike White Ford

When it comes time to purchase your next vehicle, consider the many benefits of buying used. At Mike White Ford in Coeur d'Alene, ID, we pride ourselves on offering an exceptional selection of high-quality pre-owned vehicles to fit every lifestyle and budget. Our used inventory includes a wide range of makes and models, from reliable sedans and spacious SUVs to tough trucks.

 

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