More and more customers are getting their automatic financing online rather than at the dealership where they buy their car. Some of the benefits of automatic financing from dealerships are:
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• Benefits – Vehicles and financing in one place and dealers are driven to find financing for buyers, regardless of their status.
• More options – A dealer’s relationship with various banks and finance companies means they can offer a variety of loans to match the credit rating of the buyer.
• Exclusive Programs – Sometimes dealers may offer manufacturer-sponsored, low-cost programs, but usually only for people with good credit.
But there are more benefits to getting automated financing online:
Confirmation – Buyers know how much they can afford before they even set foot in the dealer’s lot.
Possession – Buyers are treated like cash customers who have funding and are in a strong negotiating position.
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