5 Reasons to Get Car Financing at Your Chevy Dealer

It’s important to know all of your options when you start looking for car financing. Your choices are usually the bank, credit union, an online lender, or your Chevy dealer, and the last is often the best choice.

1. Convenient Preapproval

When applying for a car loan through your dealer, you can often start the process online. Our website has a page where you can apply and get preapproved for a loan without even leaving the house. There’s a quick four-step application that you’ll find under the finance drop-down menu. Once you have preapproval, you can head to the dealer knowing your budget, which will make it much easier to find a car that you want and can afford.

2. One-Stop-Shopping

When you finance through the dealer, you can do everything in one place. Your dealer will allow you to trade in your old vehicle, pick out your new one, and finance the new one. Picking and financing your new car can take just a single afternoon. If you finance through a traditional lender, then the process typically takes longer.

3. Low Credit Score Option

Not everybody’s credit is in the best shape. This can make getting a car loan significantly harder if you go through a bank, credit union, or even an online lender. Dealers understand this and know the importance of having a car in today’s busy world, so they work with lenders who are often more flexible and offer financing to people with lower credit scores. If you get denied financing everywhere else, you might end up getting approved at your local dealership.

4. Special Offers For Excellent Credit Scores

Dealers regularly run promotions that people with excellent credit can qualify for. At dealerships, 0% APR deals aren’t uncommon. If your credit score is in great shape, and you qualify for one of these 0% APR deals or another similar low interest deal, then you’ll spend much less on a new car when you secure financing through the dealer.

5. Minimal Paperwork

There usually isn’t much paperwork involved when you apply for financing through a dealer, especially if you get preapproved online. Even if you apply for financing in person, the dealer can usually send your one application to multiple lenders at once without you having to fill out any additional paperwork. This streamlines the process and makes it much less stressful for everyone involved.

Come apply for a car loan at Fredericktown Chevrolet. You can start the process online or come and do everything in person. Our finance department will be happy to help you out either way.

Tags: auto financing, Fredericktown Chevrolet, Fredericktown Ohio
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