3 Myths about In-House Car Financing
It’s time to buy a car. You do your research, find the car you want in the color you want. But your bank account won’t let you buy it in one go. You are going to have to get an auto loan. Where do you go? A bank? They may look at your low-income and shake their head. Should you go to a credit union? Same problem. But you don’t want to finance through a dealership. You’ve heard too many stories about dealerships.
But are those stories true? Here are three myths you’ve probably heard, but are NOT true.
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Dealerships are more interested in getting your money than helping you buy a car
Every business needs money to run. Even car dealerships. But every business also needs trust, friendship, and confidence of customers. Even car dealerships. If all dealerships were out to steal your money, they would not have much business.
While some car dealerships may have less integrity than others, dealerships like Car Loan Unlimited want to help you. We want to put a stop to myths that scare you away from honest options like in-house financing.
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In-house financing charges higher interest
Interest is the stumbling block of car loans. It needs to be low enough for you to afford, but stand out enough for you to be wary of it. That being said, the interest on your loan will depend on your credit score, not on where you finance. Dealerships can offer you better deals than some banks and credit unions depending on your credit score. Dealerships can even offer you better deals when banks or credit unions turn you down.
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In-house financing is only for new cars
You want a used car, but your bank or credit union turned you down. You don’t want to buy a new car, but what choice do you have? Try choosing not to believe this myth. CarLoanUnlimited.com will finance in-house for used cars. They want to help you find the right car for you. That includes helping you secure a loan. In-house financing applies to both new and used cars.
For more facts about in-house car financing, browse CarLoanUnlimited.com. You will find a great selection of cars, ideas for financing, and help when you need it.
