Jan 20, 2023
pile of one dollar bills

Buying a car is undoubtedly an exciting time. You get to pick out the perfect model and color, choose the add-ons and upgrades you want, and take it for a test drive. While the process of picking out your dream car is a lot of fun, one of the most important decisions you’ll make is how to pay for it. One option is to get car financing through your Chevrolet dealer. Here are a few benefits to getting it done right at the dealership:

1. Lower Interest Rate

Dealerships often offer a lower interest rate than banks or other third-party lenders. That’s because dealerships have access to more favorable rates and terms than most consumers. Moreover, the dealer can also help you get approved for a loan even if your credit history is not perfect or you don’t have a lot of money for a down payment. This can be a great option if you’re looking to rebuild your credit or are tight on cash.

2. Longer Loan Term and Convenient Monthly Payments

Purchasing a car outright is a huge financial undertaking. When you finance your car through your dealer, you can choose a loan term that fits your budget and lifestyle. For example, you may opt for a loan term of 72 months to make your monthly payments more affordable. Or, you may choose a shorter term of 36 months if you want to pay off your car sooner.

3. You Will Have a Single Point of Contact

Having a single point of contact for both your financing and purchase means that you will work with one individual throughout the entire process, from start to finish. This can be extremely helpful, as it eliminates the need to communicate with multiple people and keeps everything organized and streamlined.

4. Get the Car You Want

Buying a car with cash means that your options are limited to the amount of money you have on hand. Most of the time, you will have to settle for a less expensive model or forgo certain features and upgrades you really want. When you finance your car through your dealer, however, you can choose the exact make and model you want, as well as any add-ons or upgrades, without having to worry about the

cost.

5. You May Be Able To Get Special Dealer Incentives

Dealerships often offer incentives to customers who finance their car through the dealership. These incentives can include things like a lower interest rate, a longer loan term, or even cash back. Be sure to ask your dealer about any special financing deals that may be available so that you can take advantage of them. When you’re in the market for a new car, it’s important to consider all of your financing options.

Your dealership is a great place to start because they offer a variety of vehicle financing solutions that can fit your needs. Contact Tim Witt Chevrolet today and learn more about our auto financing solutions. We are a full-service dealership and can help you with all your automotive needs, from financing to maintenance and repairs.