There are a lot of services available to you at your local Honda dealer, and securing financing for your new car is one of them. Getting a car loan through the dealer saves time, effort, and sometimes, money. There are benefits that everyone will enjoy.
1. There Are Incentives If You Have Great Credit
If you have excellent credit, you might be eligible for a low-interest car loan. Dealers occasionally offer promotions, granting you the opportunity to secure financing for your new vehicle with minimal or zero interest. When considering your next car purchase, it’s certainly worthwhile to reach out to the dealership to inquire about ongoing or upcoming promotions.
2. There Are Benefits for People with Poor Credit
Individuals with low credit scores may encounter challenges when trying to secure a car loan through traditional avenues like banks, credit unions, or online lenders. However, obtaining a car loan directly from the dealership can often be more accessible. In some cases, dealership loans serve as the only viable option for those who haven’t qualified for financing elsewhere.
3. There Won’t Be Any Delays
Obtaining a car loan from a traditional financial institution can sometimes be delayed by certain factors. For instance, some lenders may not provide preapproval, causing a slowdown in the process. Additionally, certain lenders may restrict you from purchasing a car from dealers within their network. If none of these dealers have the exact vehicle you’ve already chosen, you’ll need to invest extra time in finding an alternative vehicle that fits your requirements.
Choosing to obtain your loan from the dealership eliminates these issues altogether. Our dealership offers a convenient online preapproval form, ensuring a streamlined process. Plus, securing a car loan from the dealership where your desired vehicle is available means you can effortlessly get exactly what you want without the hassle of searching elsewhere.
4. There’s Always Somebody to Help You
When applying for loans through traditional financial institutions, you’re often left to seek out places to apply and manage the process independently. Additionally, if you’re purchasing a used car, you’ll need to invest time in researching eligibility requirements for obtaining a car loan for the specific used vehicle you desire. However, when you visit the dealership, you’ll always have a knowledgeable professional by your side to address any questions you may have regarding your car loan and the vehicle you’re purchasing.
Ready to apply for your car loan? Head to our website, or visit Perry Honda in Bishop, CA to apply today.
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