Coughlin Hyundai of Heath

Oct 21, 2022

It’s incredibly easy to find the car of your dreams. All you have to do is head down to the nearest Hyundai dealer, browse the selection of vehicles, and take the one you like for a test drive. The tough part of the car-buying process is figuring out how to pay for the vehicle. That’s when considering car financing is in your best interest.

1. Convenience

Probably the biggest benefit to financing the purchase of a vehicle through a dealership is that it’s convenient. You don’t have to waste a lot of time and effort shopping around for the best interest rates or looking for a bank that is willing to give you a loan, the dealership will do that for you. No matter what your credit score, whether good or bad, a dealership will work hard to find you a good deal to buy the car.

The application process is also a lot faster when you go through the dealership. In as little as a few hours, you can get a loan and drive off the lot in your dream car.

2. New Vehicle Financing Incentives

A lot of dealerships offer incentives on new vehicles if you finance through them, including the opportunity to get lower interest rates, cash back, or trade assistance cash. Any of these can make it more affordable to buy a new car.

Keep in mind that these incentives may change from month to month, depending on the dealership, so keep your eye out for the best incentives that will help you buy a vehicle that fulfills all of your wants and needs.

3. Longer Loan Terms

Another benefit when it comes to financing through a dealership is that they can offer longer loan terms. Paying off your vehicle in 72 months (rather than 48 or 60 months) means that you can get lower payments. If you have a tight budget, this allows you to get an amazing vehicle at a price you can afford.

4. Tax Advantages From Trade-Ins

When you finance through a dealership and trade in your old vehicle, this can help you save some money. In a lot of places, trading in a car to buy a new one gives you a sales tax credit, which is less money you have to pay out of your pocket.

Vehicles are expensive, and most people don’t have the option of paying cash for a new car purchase. Getting financing ensures that you have the money to pay for your car, and deciding to finance through a dealership has its benefits. If you’re ready to start shopping for a new car and want the best deal, visit Coughlin Hyundai of Heath today!