Why Choose Dealership Financing?

When purchasing a new or pre-owned vehicle, you may have options for financing, such as going through your bank or credit union. However, financing through a dealership offers unique benefits that can streamline your car-buying experience.

1. Convenience in One Place

Dealerships make financing convenient. The finance manager can submit your information to multiple lenders to find competitive rates and terms, allowing you to complete the entire process—from test-driving to loan approval and paperwork—in one visit. In just a few hours, you can be on the road in your new vehicle.

2. Tax Savings with Trade-Ins

Trading in your current vehicle at a dealership can lead to tax savings. Many areas provide a tax credit on the difference between the trade-in and new vehicle price, which could save you money compared to selling the car privately.

3. Financing for Various Credit Scores

If your credit score isn't high enough for traditional loans, dealerships may offer in-house financing options, even for those with poor credit. While interest rates might be higher, consistent, timely payments on a dealership loan can help rebuild and improve your credit score over time.

4. Access to Promotional Interest Rates

Dealerships frequently offer promotional interest rates, including zero-interest options, especially during specific sales events. These promotions can lower your overall loan cost, something banks generally don’t provide, as they profit from charging interest.

5. Wide Selection of Vehicles and Added Protections

Dealerships typically offer a large selection of vehicles across multiple brands, all in one location, simplifying the process of comparing options. Many dealerships also provide extended warranties, adding peace of mind for pre-owned vehicle buyers who want extra protection beyond the manufacturer’s warranty.

6. Flexible Loan Terms

Dealerships often offer more flexible loan terms, including longer durations, which can result in lower monthly payments. This flexibility can be helpful for buyers seeking to tailor their payments to fit their budget.

Work with Asset Auto Sales for a Smooth Car Buying Experience

At Asset Auto Group, we make financing easy, with competitive rates, promotional offers, and an extensive selection of vehicles to fit your needs. Let us handle the details so you can drive off with confidence in your new car. Contact us today to learn more!