Vehicle Financing Available through your State Farm® agent
Your State Farm agent offers competitive rates on cars, trucks, boats, motorcycles and more.
Choosing the Best Loan
Everyone loves a great interest rate when buying a new vehicle, but it pays to consider these other important factors:
- Monthly payment amount — you need to decide how much you can afford in monthly payments. As a guideline, your car payment shouldn't exceed 20% of your total living expenses. You can also choose to pay weekly or bi-weekly to pay down your loan faster.
- Length of the loan — the longer the term on the loan the more it will cost you in interest. You could save money by shortening the term of the loan.
How to Apply
If you are interested in applying for a vehicle loan*, contact the nearest participating State Farm® agent.
*Autofinco Inc. is the provider of the loan financing.