Looking for car financing? Consider applying for it at your VW dealership. Dealership financing is a fantastic option for people with low and high credit scores alike. Plus, dealerships tend to offer fast preapproval and a one-stop-shopping experience that’s beneficial for people with busy schedules.
1. Attractive Financial Incentives
Dealerships offer attractive financial incentives to people who have credit scores that are in great shape. Often, dealerships run promotional offers that allow qualified buyers to secure loans with low interest rates. Getting a loan with 0% APR isn’t uncommon when you borrow through a dealership. Dealerships sometimes also offer appealing cashback offers.
2. Easier to Get Approved
People with lower credit scores may be unable to get approved at the majority of banks and credit unions, but that’s not the case at most dealerships. Dealers are a little more relaxed about who they lend to, meaning even people with low credit scores may qualify for a loan with a dealership.
3. Fast Online Preapproval
When seeking a loan through a dealership, you can apply for preapproval online through the dealership’s website. It usually doesn’t take long to find out whether or not you can get preapproved for a loan when you do this.
If you don’t have time to go from bank to bank searching for a loan, applying for preapproval online through the dealership’s website is a really convenient option when you’re seeking financing. Our website also has a useful loan payment calculator that you can use when preparing to set a budget for your new car.
4. One-Stop-Shopping
Dealership financing lets you do absolutely everything, from selling your car to buying a new one, all at one location. Instead of arranging to sell your car privately, you can sell it to the dealership and use your old car’s value to lower the price of a new vehicle.
There are lots of options all in one place when you’re shopping for a new car, so you can walk around and pick out vehicles to test drive at the dealership. Once you’ve made your choice about which new car is best for you, you can apply for financing and get approved quickly.
5. No Limits
With dealership financing, you can find a dealer, pick a car on their lot, and apply for a loan. That way, you’re almost guaranteed to get the car you want. You can’t always pick the dealer you buy from when you apply for a loan through a bank or credit union, as you may be limited to shopping from dealerships the lender already works with.
Want to apply for a car loan? Apply online or come and do it in person at Dean Team Volkswagen of Ballwin in Ballwin, MO.
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