So you’ve picked out the perfect car, done the math, and now you’re staring down the financing options available to you. Choosing the right one is, without a doubt, a big call. To help you make this decision, we’ve rounded up six perks of financing through your Mazda dealership.
1. Access to Better Rates
Maybe your first instinct is to head to your bank or credit union. Makes sense, but here’s the catch: you’re pretty much stuck with whatever terms they offer, and that might not be the best deal. Dealerships, however, work with dozens of lenders, from small credit unions to large banks to Mazda’s own financing arm.
All these lenders offer different loan terms, meaning you get a wider range of options, better rates, and more chances to lock in a deal that actually works for you. And even if your bank has already given you an offer, it’s worth seeing what the dealership can do. More often than not, they’ll match or beat whatever rate you’ve got.
2. Options for Those With Bad Credit
Traditional lenders have been tightening up lately, which means getting preapproved is a little tricky if your credit isn’t looking great. The good news is that your dealership works with multiple lenders who are more than happy to look beyond your credit score and get you into the car you want.
3. Potential for Savings
Excellent credit opens doors, but don’t assume your bank is the only one holding the keys. Dealerships, especially when working with Mazda Financial Service, often roll out exclusive deals that no other financial institution can match. Examples of these promotions include seriously low APR rates (sometimes even zero-percent financing), cashback offers, and attractive loyalty rebates.
4. Convenience
Opting for dealership financing means skipping phone calls, paperwork, and waiting games. Instead, everything happens in one place: picking the right car and trim, test-driving it, trading in your old ride, and getting the financing squared away.
5. Quick Pre-Approvals
Dealerships often have a faster turnaround time for pre-approvals. While banks might make you wait days for a response, dealerships can often get approved within minutes. If you’re wondering where you stand, check out our pre-approval page.
6. Flexible Terms
Dealerships are all about finding a solution that works for you. So, if you need a little wiggle room on the rate or want to adjust the term length, they’re usually happy to work with you.
Now that you know the advantages of dealership financing, why not make the most of it? Reach out to John Lee Mazda in Panama City, FL, and let us help you find a deal that fits your needs.
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