When you're getting ready to take out a loan for a new car, should you get financing yourself or with the dealership? At Heritage Honda in Parkville, MD, we think that going with our Honda financial services department is the right play.
There are many benefits to financing right through the dealership!
Access to Promotions
The Honda brand often has national incentives and promotions going on. If you don't finance through the dealership, you usually can't take advantage of such offers. There are so many financing offers that could help you save as you pay off your car loan over time.
Financing Tools
Our dealership offers a variety of financing tools that makes it easier to see how a car can fit into your budget. On our website, you'll find a tool that can value your trade-in, along with an estimating payment calculator that shows how much you'll owe on your vehicle each month.
A Wide Network of Lenders
A dealership like ours works with a wide network of lenders. There's the OEM captive lender, which is essentially getting a loan from Honda Motor Company itself. Then we work with a number of banks and credit unions. What this means is that we have many options when we're trying to find the best possible financing offers for our customers.
More Flexibility
Oftentimes, a dealership can offer you more flexibility when you take out a car loan. For example, we might be able to offer you a longer loan term that a bank could not, giving you more time to pay off your vehicle and affecting how much you'll owe each month.
If you're in the market for a new Honda car and don't want to deal with financing hassles, we're here for you. Visit our Honda dealership serving Baltimore and find a new car and loan that both work for your monthly budget. We hope to see you soon!
