What Are In-House Financing Car Dealers?

Choosing an in-house finance car dealer is a great way to simplify the car-buying process and get some added benefits. When you choose an in-house financing car dealer, you’ll make your payments to them instead of a bank. You’ll still need to apply for financing, but you have a better chance of getting approved than if you apply for a loan with an outside lender. Learn more about in-house financing with Wynn Volkswagen.

The Benefits of In-House Financing Car Dealers Near Collegeville

When you opt for an in-house financing car dealer near Phoenixville you’ll likely save money and spend less time waiting for your application to be approved. Here’s what else you’ll enjoy: 

• Easier pre-approval
• Extended warranties that can be negotiated with the dealer/lender
• Flexible interest rates
• Higher credit score as you make your payments on time

Reasons to choose in-house financing can vary from extending the original warranty of your vehicle, building credit, the need to buy a car quickly, or just making things convenient by keeping all your auto business under one roof. Whatever the reason, when you apply you’ll be on the roads of King of Prussia in no time!

What to Watch Out For in Choosing In-House Financing Car Dealers

While Wynn Volkswagen follows best practices and has a long history of satisfied loan customers, not all in-house financing car lots are a good choice for customers. Here are the signs that an in-house car lot doesn’t have their customers’ best interests at heart:

• If they allow you to leave the lot before agreeing on the payment term
• ”Approved” vs. “approval” – if the manufacturer approves the dealer, they are approved and have higher standards for quality whereas the latter might not
• If the car dealer doesn’t report to a credit bureau
• If you get a call saying your financing plan fell through and need to provide more money or they tell you a higher interest rate than before

Get In-House Financing with Wynn Volkswagen

When you choose to finance with Wynn Volkswagen you’ll enjoy easier pre-approval and get into your new car even faster. Don’t for ge to use our online shopping tool to find and buy your vehicle conveniently. You can finance a new or used car in-house, and use our specials to make the deal even better! Our finance department is here to answer your questions, so contact us!