Buying a car can be expensive, but there are effective ways that you can ensure you’re getting something quality for a price you can afford. One of the best things to do is to get financing. There are lots of great reasons to get car financing from your official Genesis dealer. Here are just a few.
4 Benefits to Getting Car Financing at Your Genesis Dealer
1. Get a Quality Car
If you’re paying for your car in cash, expect to have to make some compromises. Your budget likely doesn’t have room for you to buy the highest trim level or the particular model that you’ve been dreaming about.
But if you get financing, since you only put down a portion of the total cost as your down payment, you’ll find that you have much more wiggle room with your budget. Get the car you truly deserve, not just the one you can afford.
2. Flexible Down Payment Options
With some loans, you’ll be required to put down a certain percentage of the car’s total cost as your down payment. It works a little differently with a car loan. Most dealers will offer you flexible down payment options.
That means that even if you don’t have the 20% recommended, you can still make your down payment and get the car you need. This is especially helpful for people who need a car urgently but don’t have the time to save up to make a more significant down payment.
3. Financing Incentives
One of the things you should ask when you get financing is what incentives are available through your dealer’s financing department. Incentives are bonuses or extras that dealerships use to help make a sale.
Some of the available incentives could be very beneficial for you, so make sure you ask about them. Your dealer’s financing department will be happy to help you ensure that your purchase is the best it can be through these bonuses.
4. Build Your Credit Score
Having a low credit score can have a hugely negative impact on all areas of your life. It can impede you from getting other loans along with mortgages and rentals. So how can you effectively boost your credit score?
Vehicle financing is easy to get even for people with low scores, making it a great opportunity to increase your score. As long as you make your monthly payments on time, you’ll see an increase in your score.
If you’re shopping for your next vehicle and you want to make sure that you can afford something quality that’s going to last, then remember to consider getting financing. Are you interested in learning more about how we can help you? Visit us today at Genesis Of Waipio.
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