You generally have a lot of options when it comes to getting car financing, but not every option will be the right one for you. Getting financing from the Chevrolet dealership, however, is likely to be the most appealing way to get financing due to the sheer number of benefits it offers. From a fast-tracked process to approval for people with low credit scores, there are many great things about dealership financing.
1. Quick Online Application
Not all banks and credit unions allow you to quickly fill out an application and get preapproved for financing online. However, our dealership has a finance application you can fill out without having to leave the house. Once you find out whether you’re approved for a loan, you can come to the dealership and start shopping.
2. Incredible Convenience
Getting a loan from a dealership isn’t just convenient because you can get preapproved online. It’s also convenient because it allows you to handle all aspects of getting a new car in one place. Once you’re preapproved for a loan, you can visit our dealership and pick out a new car. While you’re here, you can also sell us your old car to reduce the price of your new one, and then you can drive home in your brand-new vehicle.
3. Bad Credit Loans
Some people have a low credit score or bad credit history, but that shouldn’t stop you from being able to get a loan. However, banks and credit unions are typically hesitant to offer loans to people who don’t have the best credit score or credit history. This isn’t an issue with dealership financing, as dealers are more willing to work with people whose credit score isn’t in the best shape.
4. Special Offers
Automakers sometimes run promotional offers where they allow you to buy a new car with low or 0% interest. However, to qualify for this, you need to have excellent credit and get your loan through a dealer. So, if your credit history is squeaky clean, then heading to the dealership to see if there are any offers running is a great way to get a new car at a low price.
5. Limited Paperwork
When shopping around for a loan by yourself, there’s typically a lot of paperwork to fill out, or you may need to fill out numerous online applications. When applying for financing through a dealer, there’s very little paperwork to fill out, which saves time and makes applying for a loan less tedious.
Visit Olson Chevrolet in Redwood Falls, MN to get an auto loan now. The finance application on our website is easy to fill out, so you can find out whether you’re approved for a loan before you even visit our dealership.
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