car loan financing, auto financing loan special, construction loan financing, commercial loan financing, car loan application

Financing Your Car: Auto Loans

Shop around for auto loan interest rates. Most banks and credit unions will knock off at least a quarter of a percent for their auto loan customers. Have these quotes handy when you talk auto loan financing with an auto dealer.

Benefits Of Auto Financing On The Web

Dealers don't finance your car loan, they get a piece of the action from a bank. The higher APR they charge you, the more profit they'll make. We'll show you the benefits of getting your car loan from an online lender.

To Lease Or To Buy, That Is The Question

There is no single right answer. Generally speaking, you get more bang for the buck leasing, hence its ever-increasing popularity. That is to say, the payment on a given car is less on a lease than a buy. Coming at it another way, you can generally afford more car on a lease than a buy.

GAP Insurance

GAP insurance covers the difference between what you owe on a car and its actual value, should the car be "totaled" or stolen. If you finance or lease through a dealer, he or she will likely suggest you purchase GAP insurance, which can cost up to $500.

Benefits of our buying service:

Convenience – Buyers can finance and purchase a vehicle at the same time.

Numerous Lending Resources – A large number of lenders mean they our dealers can offer buyers a range of lending options. Many of the top finance companies in the country only offer funds through local dealership partners.

Competitive Interest Rates – Periodically, our Special Finance^® dealers offer low interest rate incentives from the manufacturer to buyers that local lenders cannot. Even with a marginal payment history. For example, many captive finance companies are now, or have in recent times, offered interest rates as low as 0%, 1.0%, 2.9%, or 3.9%. It's hard to match those rates no matter how hard you shop.

Less Stringent Underwriting Requirements than direct lenders. Our dealership finance managers are specially trained to present your case to the lender in the most favorable terms to guarantee each application has the best possibility of approval.