Auto Loans Waggaman, LA
5 Reasons Auto Loans from a Dealership near Waggaman, LA Make Sense
If you want to purchase a new, used, or certified pre-owned vehicle and need financing, put everything you have ever heard about dealership auto loans aside. When you do business with a reputable dealer near Waggaman, LA, you will find an incredible selection of cars, trucks, and SUVs, along with professional in-house financing.
Although there are more than five reasons to choose auto loans from a trusted dealership, those listed below are good representations as to why dealer financing makes more sense than going through a traditional bank or credit union.
1. Convenience – While not the most critical reason, financing from a respected dealership not far from Waggaman, LA, is convenient. On the same day you look at different years, makes, models, and trim levels, and take a few for test drives, you can meet with a financial specialist on-site. In other words, you find your perfect car and drive it home the same day.
2. More Options – When dealing with a traditional lender, they offer you one product in the form of a loan. In comparison, dealerships work with multiple lenders, which means they can review several auto loans to find the one that works best for you.
3. Good Credit / Bad Credit – For the best terms and lowest interest on dealership auto loans, you want to have excellent credit. However, even if your credit score is not where it should be, there is still an excellent chance of the dealership financing a vehicle. Remember, the in-house financial expert works with many lenders, which opens up more opportunities.
4. Trade-In Value – The reason that trade-in value of the car you currently drive is on the list of reasons for securing auto loans with a reputable dealership is that a top-rated dealer will give you the most money possible. Because of that, there is less to finance. Ultimately, the help brings your monthly payment down to a more manageable level.
5. Better Interest – Dealers make a percentage of auto loans they secure. If you can show that a traditional lender offered you a lower rate than the dealership, the financial expert can lower the commission, which means lower interest for you.
Excellent Financing Available
At Ray Brandt Toyota in Kenner, not far from Waggaman, LA, we have an impressive inventory of new, used, and certified pre-owned vehicles, a professional sales staff, amazing prices, and excellent financing. Call or stop by today to find your perfect car, truck, or SUV.