4 Benefits of Getting Car Financing at Your Chandler Chevy Dealer

Applying for car financing through the Chevy dealer is often better for people than shopping around different banks to secure a loan. It’s ideal for people with lower credit scores, and if you’re looking for low interest rates, then you’ll frequently find them when financing through a dealer.

4 Benefits of Getting Car Financing at Your Chandler Chevy Dealer

1. It’s Best for People with Low Credit Scores

Banks are pretty hesitant to lend money to people who don’t have great credit scores. You have to meet strict criteria to get financing, and even if you go to half a dozen banks, you may never walk away with a car loan. Dealers are way more likely than banks to offer you financing even if you have a poor credit history.

2. It’s Incredibly Convenient

If you go to the dealer, then you won’t need to spend days going from bank to bank to find one that’ll offer you financing with a reasonable interest rate. You can fill out a loan application when you visit the dealer, and the helpful person working with you that day will send the application right off to different lenders.

Lenders will often offer you financing on the same day that you applied for the loan. You may even hear back from multiple lenders within a couple of hours. You can sometimes visit a dealership, pick out your car, apply for financing, and then head off home in your new vehicle just a few hours later.

3 It’s Not Going to Limit Your Choices

You might already have your heart set on a specific model before heading off to the bank to ask about financing. Sometimes, though, you won’t be able to get the model that you want if a bank is financing your new car.

Some banks only work with specific dealerships, and the bank will want you to pick a car from one of the dealers it already works with. If one of those dealerships doesn’t have the car you want, then it can be really disheartening. You won’t have this problem at a dealership because when you apply for financing with the dealer, you already know the dealer definitely has the car you’ve set your sights on.

4. It’s Possible to Get a Low Interest Rate

Dealerships sometimes run promotions where you can get financing with a low interest rate. It’s pretty common to see promotions like this on new cars. Sometimes dealers can get you a loan with 0% APR, and banks very rarely offer interest rates that low.

We’d love to help you get financing for the car you’ve had your eye on, so come by and talk to us at Earnhardt Chevrolet. Any one of our salespeople will be more than willing to help you out.

Tags: Chevrolet dealer in Chandler AZ, Earnhardt Chevrolet, finance, vehicles
Posted in Chandler Chevrolet Dealer, Chandler Chevrolet Service, Chandler Community, Chandler Used Cars, Earnhardt Chevrolet, Earnhardt Chevrolet Service | No Comments »