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Colorado Springs Car Loans & Financing

Welcome to our Finance Center.
We are an integral part of Why Nobody Buys Just One and are dedicated to ensuring your complete experience brings you back time and time again.

Purchasing or Leasing a new or used vehicle has never been easier. We work with numerous, local and national, lending institutions and over 50 local credit unions to ensure our customers are receiving the most competitive programs available. We understand the importance of your time and provide some easy tools to assist you in minimizing your time spent at the dealership. Be assured in using our secure online Finance Application it is digitally encrypted and never sent by email. Contact Us with any of your Finance, Purchase or Leasing questions.

Utilize our resources and expertise to enjoy the following benefits;
  • Hassle Free
  • Competitive Rates
  • Flexible Terms
  • Convenient Payment Options
  • Substantial Range of Programs
  • Over 50 years of Financial Lending Relationships



Protecting your investment is inexpensive and affordable. We offer a multitude of options and make it easy for you to select the programs that are right for you.
  • Comprehensive Extended Warranties
  • Affordable Protection Plans
  • Inexpensive Coverage
  • GAP Insurance
  • Lifetime Oil Changes
We also understand the foreseen and unforeseen circumstances of life.
  • Less Than Perfect Credit?
  • Divorce?
  • Late Payments?
  • Bankruptcy?
  • Repossession?
We strongly urge you to utilize our No Charge, secure Finance Application or contact one of our approval specialists, as a first step in securing your auto loan.  Whether you choose to finance or lease, Bob Penkhus Volvo has the resources and professional expertise available to you.  Experience, for the first time or again, Why Nobody Buys Just One.



Colorado Springs Car Loans - Bob Penkhus Mazda

The Bob Penkhus Mazda finance center works with many of the areas lending sources to offer customized auto leases and car loans in Colorado Springs. This means we are able to provide you with a great low rate on your new or used car loan in Colorado Springs, even if you have less than perfect credit.

If you're thinking about getting a new Mazda, or a used car, come down to Bob Penkhus Mazda at 1101 Motor City Drive, Colorado Springs, CO. We'll get you the vehicle you want, at a great price, and smoothly guide you through the financing process.

If you would like to start the process of getting a car loan in Colorado Springs right away, we suggest you start by understanding your budgeting options. You can find your estimated monthly loan payments by using our online payment estimator; and you can apply for financing with our secure online finance application.

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Contact Information

Bob Penkhus Mazda

1101 Motor City Drive

Colorado Springs, CO 80905
sales Sales:
866.490.7642
phone2 Service:
866.561.9048
phone3 Parts:
888.315.4484

Finance FAQ

Check out our online finance FAQ section for important information regarding car lease and loan characteristics.

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Tip!

Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.

Tip!

Owning a lease vehicle is possible if purchased outright after the lease period ends.

A typical lease period runs between 24 and 48 months.

Tip!

Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.

Tip!

Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.

Tip!

Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.

Tip!

Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.

Tip!

Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.

If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.