What Are In-House Financing Car Dealers?

In-house finance car dealers provide financing to shoppers and take payments themselves, rather than working with a customer’s bank. If you’re looking or in-house financing, you’ll still need to be approved by the lender, but your chances are much better. Learn more about in-house financing before you apply online!

The Benefits

In-house financing provides the potential for you to save money in the long run, and get behind the wheel of your new car faster. Other advantages of using this financing method include:

• Easier pre-approval
• Extended warranties
• Flexible interest rates
• Higher credit score

Trying to build better credit or lengthen the original warranty on the vehicle you’re purchasing? Applying for in-house financing could be the answer. Fill out and submit your application, and you’ll be on the Hagerstown roads in no time.

What to Watch Out For

Obviously, you want to be sure your money is ending up in the right place when you pay for your car, truck, van, or SUV. Keep an eye out for the following signs of in-house financing scams:

• The dealer allows you to leave the lot before agreeing on the payment term
• If the manufacturer says the dealer is approved, you can be sure of a high-quality standard – If the dealer says they have manufacturer “approval,” they might not
• The dealer doesn’t report to a credit bureau
• You get a call saying your financing plan fell through and you need to provide more money 
• You are told your interest rate has gone up after being approved for a different one

Finance with Buchanan Auto Park, Inc.

Financing with Buchanan Auto Park, Inc. means an easier pre-approval process, and access to your new car keys even faster. We offer a number of new and used vehicle specialsto make your purchase easier. Learn more with our financing department and contact us today.