7 Reasons to Consider Car Financing at Your VW Dealer

If you’re planning to finance your next vehicle, one of the first steps will be deciding where to borrow the money from. Banks and credit unions are an option, but many consumers opt for car financing through their local dealership. There are many reasons why financing through your VW dealer is a smart approach.

7 Reasons to Consider Car Financing at Your VW Dealer

1. Competitive Interest Rates

A dealer will work on your behalf to find the best financing offers from across the country. Many dealerships have entire departments that are dedicated to the financing process and to developing relationships with lenders. When you work with a dealer, you can rest assured that you’ll be offered competitive interest rates.

2. Promotional Rates

Dealers run promotions throughout the year, some of which involve discounted financing. Some of these offers even come with zero percent financing, which is a deal that’s hard to beat.

3. Speed and Convenience

Financing your vehicle through the dealership is usually the fastest and most convenient option. You pick out your next vehicle, finance it on the spot, and drive it home, all in one day. If you finance through a bank or credit union, you’ll need to make an initial trip to that financial institution for pre-approval, and a follow-up trip to seal the deal. For buyers who are in a hurry, dealership financing is the most expedient.

4. Help for Buyers With Poor Credit

Some dealerships specialize in working with buyers with poor or no credit. If you’re in this category, you might find more financing options by working with your local dealer.

5. Flexibility

Some buyers find that dealers can be more flexible than traditional lending institutions when it comes to offering financing. If you’d like to be able to negotiate some of the terms of the financing package, working with a dealership may be the better option. Some dealerships even offer creative ways of lowering your interest rate, such as by deducting your payments directly from your paycheck.

6. It Doesn’t Matter Who You Are

When you work with a dealership on financing, it doesn’t matter who you are or whether you’ve purchased vehicles there before. A dealership can work with just about any customer to arrange financing. That’s different from a bank, where it helps if you’re either an existing customer or you’ve done business with that institution before.

7. It’s Good for Your Credit

Arranging to finance a vehicle, and then successfully paying your car or truck off without missing any payments, can help you establish a positive credit history and a good credit score. It can also help you develop financial discipline. When handled properly, vehicle financing can contribute to your financial well-being.

Deciding how and where to finance a vehicle isn’t difficult, once you understand the benefits of working with the friendly professionals at your local dealer. Don’t put off your purchase any longer. Head on over to Tom Bush Volkswagen and pick out your next car or truck today!

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