When you want to finance a new car, there are two main choices: the bank or your car dealer. We want to tell you more about a few of the many reasons to choose car financing with your friendly Chevy dealer.
We’re on Your Side
When you approach a bank for financing, they’re disinterested in the car you want or why you want it. To a bank, the only important thing is that you meet their criteria for the type of loan that you want. A car is an asset that has value to a bank, so the bank will only see the dollar and cents value of the car of your dreams.
As a dealer, we have a different view. We understand the car you’ve chosen is special to you and has more than its monetary value as an asset. Your car allows you to get to work to drive to softball games with the kids, and having it makes your life easier and more enjoyable. Since we know what the car you want means to you, we work faster and more diligently to help you get the keys to your new car.
You Save Time
Applying for financing through a bank means you have to complete a lot of paperwork. Once the paperwork is complete, you’ll probably have to visit the bank as part of the application process. If the bank rejects your application, you have to complete more paperwork at another bank and start the application again. This process takes time and may even cost you money.
When you choose us for your financing, we take that heavy lifting away from you. We assist you in completing your application, then we send the application to our network of banks and credit providers to find you the best possible deal. Since we have arrangements with many credit providers, finding the perfect deal is faster, and you don’t have to stand in line to find it.
We Can Help
If your credit isn’t as high as you’d like it to be, this can make financing through a bank more difficult. Their loan policies and procedures mean that a less-than-perfect credit score can mean a rejection. If they don’t reject an application, their terms usually involve a reduced offer for finance and higher payment installments.
Our finance department, in contrast, works with you. We have options available if you have great credit or credit that needs a little work. We also have access to a range of ways to tailor your finances, including factory discounts and other options.
Don’t dream about your new car. Visit our finance department today at Don Johnson’s Hayward Motors, and let’s help you drive home in it.
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