What are In-House Financing Car Dealers?

If you’re currently looking for a new vehicle in Phoenix, you have a few financing options. Some choose to seek out an auto loan through a bank or third party but some go directly to the finance center at the dealership. What are in-house financing car dealers and where are in-house financing car dealers near Scottsdale? Explore in-house financing car lots and more below with Volkswagen North Scottsdale.

Why Choose In-House Financing Cars?

When you go to a bank, they’re looking out for their own financial interests. But an in-house financing car lot wants to see you inside your next vehicle about as much as you do, so there are some perks to in-house financing cars in the Phoenix area:

• In-house financing car lots make the deal all in one place: you’ll be paying your loan directly to the people who have your car, so all your negotiations can happen on the spot. This includes money-saving trade-ins.
• Easier on all credit ranges: If you’re worried about your credit, a car dealer is likely to be easier on you than another lender. Many even have tools to help you apply for financing online.
• Warranty and Interest Rate Flexibility: You can use in-house financing car dealers for extensions on warranties, and in some cases, for refinancing. Many are also willing to negotiate on interest rates.

Always remember to shop around multiple lenders to get a payment plan as close as possible to your ideal.

Can I Build Credit with In-House Financing Car Dealers Near Me?

A version of this question is commonly asked in Cave Creek. The answer is yes! One of the most reliable ways to build your credit score up is making regular payments on a loan from an in-house financing car dealer in the area. Just make sure that they participate in credit reporting before you sign on the dotted line.

Where are In-House Financing Car Dealers Near Me?

Drivers looking for in-house financing car lots should start their search at Volkswagen North Scottsdale, where we help drivers from Phoenix to Paradise Valley find a finance and insurance plan that works for them. We’re connected with a wide range of local lenders, and may even be able to help you out with an in-house loan. We have compiled a great number of online tools, including this payment calculator, that many find extremely helpful. For any questions about financing, our inventory, or any of your vehicle needs, contact us!