Car financing is a good option, as you can buy the car you can afford now rather than waiting to accumulate the money to pay for it in cash. When you decide on financing your new Buick, you always have a choice between a bank or credit provider or your dealership. We’d like to give you a few reasons why choosing your Buick dealer for financing is the smart choice.
Reasons To Choose Your Buick Dealer for Your Car Financing
It’s Convenient
When you choose your dealer, you can complete the whole process easily and conveniently in one place. We have a variety of online tools on our website that allow you to estimate your monthly payments, interest charges, and term length. You can also complete a pre-approval application through our website. Once the finance is in place, you collect your new car from us, or we can deliver it to you. It’s effectively one-stop shopping.
If you choose a bank, and they approve your finance, you have to visit your dealer to complete the rest of the process. This adds extra time, and that can take away days that you could be behind the wheel of your Buick. In addition, financing through a bank usually involves a longer wait time for them to approve your loan.
It’s Flexible
Flexibility is key when you apply for a car loan. You can afford the loan, but you want the best deal on repayments, interest rates, and term length. At your dealership, we understand this. We know you want your new car, so we do our best to get the perfect terms for you. We work with a pool of lenders, which means we can negotiate for you to secure the deal you want.
A bank, on the other hand, is less flexible. Each bank has its policies and procedures that govern its loan process. If they approve your loan, the terms are usually set in stone. This lack of flexibility can be a problem. If you don’t like the terms the bank offers, you must go through the loan application process again at another bank.
Lower Costs
Finance always comes at an increased cost over paying in cash. As your dealer, we want to keep your costs as low as possible. We can arrange lower interest rates than a bank, and a cash deposit is often not required. In addition, if you have a car you want to trade in as part of the deal, its value will drop your interest payments and term length.
If you choose a bank, none of the above benefits apply. If you already have a car, you’d have to sell it first and then use the money as payment toward their loan.
There are many other reasons to choose us for your financing. Call our finance department today at Royal Moore Buick GMC.
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