If you’re ready to purchase a car, you must figure out the best financing option. You can get a car loan through a dealership or bank. Whichever way you choose, both options have their benefits and consideration factors. Depending on your choice, selecting any of them may save you money and time.
FFUN Cars can get you approved for auto financing for a used car, truck, or SUV. Let’s discuss why it’s better to get a loan with us instead of a bank.
Flexible Terms and Rates
The flexible term is a common solution that most car dealerships offer. Dealerships offer car financing options with favourable rates. For instance, you can get your dream Honda or Toyota model without higher interest rates. Usually, a dealer will give a lower interest rate on a new car than a used one. Some even offer promotional financing on new models. The rate offered by a bank is its true interest rate without including a markup. Banks and credit unions usually have limits on the car’s mileage and age. Ideally, new vehicles can qualify for low interest rates. Besides, it is difficult for banks to grant car loans to people with a poor credit score.
FFUN Cars offers friendly financing terms whether or not you have a bad credit score. Specially designed programs include the no credit program, lowest rate, and bad credit program.
At FFUN Cars, your credit history doesn’t matter. Whether you’ve gone through bankruptcy, divorce, job loss, or more, your car loan gets approved instantly. The staff can also assist in rebuilding your credit score, no matter your financial situation.
Another reason to smile is that FFUN Cars can lower your interest rate. This works perfectly, especially if you paid your auto loan with higher interest on time. The loan repayment schedules depend on the loan amount given. It can be a monthly payment, semi-monthly or bi-weekly; this is your decision.
Strong Relationships with Lenders
All financial institutions have built great relationships with car lenders. However, dealers perform better than banks as they have more connections. But, even with contacts, you’ll have to find a car dealer and negotiate the rates. A car dealer only needs your credit application form, then submit it to numerous lenders. This allows them to compare prices and find the best rate for your vehicle.
FFUN Cars has a strong relationship with 20 lenders with a high-approving option, especially to us. Meaning you’ll get the best interest rate that your credit will allow. All you need to do is select your car model, get pre-approved, and then we will handle the rest.
Whether you’re looking for a favourable car loan or rebuilding your credit score, our staff is ready to help. We also offer in-house financing; all you need is a car loan with us. Reach out to us or visit us to start driving your dream vehicle.
