Nov 16, 2023
Volkswagen

Your local VW dealer offers it all. Car repairs, routine maintenance, a range of new and used vehicles, and even car financing. If you’re wondering whether you should go to the dealer for financing instead of a traditional lender, then we’d love to talk to you about the benefits of getting a loan from a dealership. Every person shopping for a new or used car should consider it.

5 Benefits of Getting Car Financing at Your VW Dealer

1. Poor Credit Is No Problem

If your credit score isn’t in the best shape, then it can make getting loans at traditional financial institutions very difficult. Dealers understand this and regularly offer loans to people whose credit score isn’t in good enough shape to get financing elsewhere. If you’ve been denied by a bank or credit union, then it’s definitely worth applying at your dealer and seeing what happens.

2. Great Credit May Mean Low-Interest Loans

Dealerships aren’t just the best place to go if you have a poor credit score. It’s also worth checking a local dealer if you have excellent credit. Dealers run many promotional offers throughout the year, often offering low-interest loans to people whose credit is a near perfect shape. You’ll often get a much better deal at a dealer than you would if you financed through a traditional lender.

3. One-Stop Shopping

You can do everything at your local dealer. You can fix any issues your old car has, get it appraised, and trade it in. Then you can pick out a new car, apply for financing, and drive home in the new vehicle just a few hours after you drop in. Things move quickly at the dealer, including loan approvals.

4. No Limits

Traditional lenders sometimes limit you to shopping for your new car from a dealer that’s already within their network. Those dealers might not have the car that you want, which can be very disappointing if you apply for financing with a car in mind already. Picking your car from a dealer of your choice first, then financing through that dealer, stops you from having to limit yourself.

5. Very Little Paperwork

Shopping around for a loan involves filling out tons of applications at different banks and credit unions. Even filling out one loan application can sometimes be pretty time-consuming and involve a lot of paperwork. At the dealer, there’s very little paperwork, and you always have someone helpful by your side if you need assistance with it.

Are you ready to pick out a new car and apply for financing? Visit DeMontrond Volkswagen. Our team will be more than happy to walk you through the process and help you get the car you want.