5 Benefits of Getting Financing Through Your Mazda Dealer

Financing through a credit union or a bank is just one option when shopping for auto loans. The other option, dealer financing, offers benefits you will not find anywhere else. Let’s see how car financing through your Mazda dealer can help you.

5 Benefits of Getting Car Financing Through Your Mazda Dealer

1. Access to Multiple Lenders

When you apply for an auto loan from your bank and get declined because of a bad credit history, maximum amount of loans reached, or whatever reason, there’s a high likelihood you won’t contact another bank for the loan. Even if you do, the next lender may not be so willing because they have the same information your bank has (poor credit history).

However, your dealer typically works with multiple lenders, such as local banks, online lenders, and credit unions. When applying for financing, the finance manager will forward your details to the lenders in their network, including those who work with people with poor credit. Chances are that more than one lender will approve your loan at a favorable rate.

2. Convenience

Organizing financing through a dealership is very convenient. You can check out different models, test drive them, and finally finance your car under one roof. In addition, loans processed through dealers typically get approved within an hour.

This is because these finance professionals understand the criteria each lender uses to approve loans and will forward your details to the financial institutions that are likely to approve your loan quickly. As a plus, you won’t have to deal with paperwork because the dealership’s finance office will handle everything for you, including calls to lenders.

3. You Can Get Car Finance With Poor Credit

Don’t let poor credit prevent you from owning a reliable car. Head over to your nearest dealer because they have vast experience helping people with no or bad credit scores secure financing. The finance manager, your friend in this car ownership journey, understands information you may not be familiar with, such as which institutions require bank statements and those that don’t.

4. Exclusive Incentives

Dealers have exclusive access to manufacturers’ incentives, including low APR rates, cash rebates, and even discounts that change each month. Check with your local dealer today to see what incentives you qualify for.

5. You Can Get Your Car Immediately

Once you are approved and your car is available, you can drive away right away. With bank financing, you may need to wait until the bank deposits the money.

Are you looking to finance your next vehicle? Contact Royal Moore Mazda in Hillsboro, OR, for the best financing rates. Good credit or not, our finance department will aggressively work for you to secure the most competitive financing terms.

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