So, you’re in the market for a new vehicle, but you don’t have quite enough cash on hand to pay for it outright. Financing the vehicle means you can drive it home today, and fortunately, your local dealer can help. Here’s why you should look no further than your local Ford dealer for car financing.
1. It’s Usually the Fastest Option
Financing your new car or truck through the dealership is
usually the fastest and most convenient approach. You can pick out a vehicle,
negotiate the price, and arrange financing without ever leaving the dealership.
We know you’ll be excited about your new vehicle, and arranging the financing
through your dealership is the fastest way of getting behind the wheel.
2. It’s a Great Deal
Most dealerships have large financing departments that work
on getting each buyer a competitive interest rate. Once you’ve filled out a
financing application, your dealer will shop it around to multiple lenders and
bring a set of offers back for you to select from. The fact that you’ll have
various offers to choose from guarantees that you’ll find a financing package
that suits your financial situation.
3. It’s a Solution for Those With Poor Credit
If you’ve got poor credit and are worried about your ability
to qualify for financing, a dealership that offers in-house financing is the
perfect place to go. When you take advantage of in-house financing, you’re
borrowing directly from the auto dealership, not from an independent financial
institution. You then pay back the amount you borrowed, plus interest fees, to
the dealership.
A dealership with in-house financing may take a more lenient approach when
evaluating your credit score and your overall financial picture. Even if your
credit isn’t great, you still stand a good chance of being offered financing
when you work with a dealer that offers in-house financing.
4. It May Open Up a Special Offer
Some buyers who finance through the dealership qualify for
special promotional financing, which usually carries an ultra-low interest rate
or, in some cases, no interest rate at all. These offers are usually available
only to customers with excellent credit scores. If you’re able to score
promotional financing, you can rest assured that you’re being offered extremely
low-cost financing.
5. It Won’t Matter Who You Know
One of the great things about financing through a dealership is that it doesn’t matter who you are or who you know. Dealerships will work with anyone to get a great financing package. It doesn’t matter how much money you make or if you’ve purchased cars from that dealership before. A good dealer will partner with you and advocate on your behalf when reaching out to lenders.
Car shopping is fun, and getting comfortable with the financing process helps you relax and enjoy picking out your next car or truck. What are you waiting for? Head to Crain Ford of Little Rock and pick out a brand new vehicle today!
Image via Ford.
