Car Loans Harvey, LA
5 Benefits of Car Loans from a Dealership Near Harvey, LA
When ready to buy a used, certified pre-owned, or new vehicle, you might automatically think of taking out a loan from a local bank or credit union. Although that is one possibility, before you take that route, consider the benefits that come from dealership financing. As you can see from the information provided, there are several reasons to choose car loans from a Harvey, LA, dealer over more conventional lending institutions.
1. Variety – Because banks and credit unions only offer their products, people who need car financing end up with one option. In comparison, a respected dealer offers many options for car loans. The reason is that it works with multiple lenders, which means it can offer you more than one product. That allows the financial expert to identify a loan with the best rates and lowest interest for you.
2. Convenience – By taking out a loan from a reputable dealer near Harvey, LA, you can shop for a vehicle and secure financing all on the same day. In fact, depending on how quickly you find the perfect ride, you could be in and out in an hour, driving your new car, truck, or SUV home.
3. Good and Bad Credit – Even if you have less-than-perfect credit, there is an excellent chance that the dealership in Harvey, LA, can approve you for a loan. Although you might pay slightly more in interest, it is better to get the money needed for your dream car than to leave empty handed.
4. Extended Terms – You will also discover that car loans from a dealership often come with extended terms. Instead of a 72-month limitation like most lenders offer, a trusted dealer can stretch the loan out even further. This is an excellent solution – especially if you need to keep your payments low.
5. Loan-to-Value Ratio – A Harvey, LA, dealership is more lenient when it comes to loan-to-value ratios. For that reason, you can expect a better value on your trade-in vehicle.
Your Most Trusted Source
For cars, trucks, SUVs, and minivans, Ray Brandt Toyota in Kenner, not far from Harvey, LA, is your most trusted source. We have an exceptional finance department with experts who can assist in securing a loan for you. Call or visit us today for a positive buying and financing experience.