Amazines Free Article Archive
www.amazines.com - Wednesday, December 02, 2020
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133434)
 Advice (161173)
 Affiliate Programs (34757)
 Art and Culture (73748)
 Automotive (145650)
 Blogs (75228)
 Boating (9844)
 Books (17221)
 Buddhism (4128)
 Business (1329024)
 Business News (426382)
 Business Opportunities (366354)
 Camping (10967)
 Career (72752)
 Christianity (15849)
 Collecting (11638)
 Communication (115068)
 Computers (241942)
 Construction (38921)
 Consumer (49685)
 Cooking (17068)
 Copywriting (6653)
 Crafts (18205)
 Cuisine (7544)
 Current Affairs (20419)
 Dating (45889)
 EBooks (19696)
 E-Commerce (48224)
 Education (185303)
 Electronics (83507)
 Email (6407)
 Entertainment (159839)
 Environment (28927)
 Ezine (3039)
 Ezine Publishing (5451)
 Ezine Sites (1550)
 Family & Parenting (110929)
 Fashion & Cosmetics (196424)
 Female Entrepreneurs (11847)
 Feng Shui (131)
 Finance & Investment (310448)
 Fitness (106332)
 Food & Beverages (62917)
 Free Web Resources (7940)
 Gambling (30223)
 Gardening (25149)
 Government (10533)
 Health (629686)
 Hinduism (2206)
 Hobbies (44055)
 Home Business (91582)
 Home Improvement (251106)
 Home Repair (46178)
 Humor (4832)
 Import - Export (5453)
 Insurance (45105)
 Interior Design (29585)
 International Property (3485)
 Internet (191007)
 Internet Marketing (146478)
 Investment (22849)
 Islam (1167)
 Judaism (1356)
 Law (80455)
 Link Popularity (4595)
 Manufacturing (20858)
 Marketing (99000)
 MLM (14136)
 Motivation (18221)
 Music (27012)
 New to the Internet (9496)
 Non-Profit Organizations (4048)
 Online Shopping (129631)
 Organizing (7805)
 Party Ideas (11853)
 Pets (38069)
 Poetry (2234)
 Press Release (12683)
 Public Speaking (5635)
 Publishing (7528)
 Quotes (2407)
 Real Estate (126636)
 Recreation & Leisure (95398)
 Relationships (87678)
 Research (16170)
 Sales (80337)
 Science & Technology (110257)
 Search Engines (23488)
 Self Improvement (153227)
 Seniors (6236)
 Sexuality (35949)
 Small Business (49283)
 Software (83015)
 Spiritual (23475)
 Sports (116092)
 Tax (7659)
 Telecommuting (34067)
 Travel & Tourism (307867)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11748)
 Website Design (56838)
 Website Promotion (36596)
 World News (1000+)
 Writing (35790)
Author Spotlight
ELLIOT CHANG

Financial analyst and author writing on economy and business. ...more
ELLISEN WANG

I'm Ellisen, nice to meet you! Obviously you're here because you want to know who I am. Wel...more
AVINASH KABRA

Avinash Kabra is a young & dynamic Technopreneur, Digital Marketer, Blogger, Foodie and Travel Enthu...more
CACEY TAYLOR

Im just a man who likes to be happy and see others happy. Im into home business, sports, family, and...more
AYESHA GULZAR

Medical and Pharmaceutical Research writer Doctor of Pharmacy/Pharm D /RPh ...more


Pros and Cons of Dealership Financing by Cleo Gib





Pros and Cons of Dealership Financing by
Article Posted: 10/22/2015
Article Views: 126
Articles Written: 12921
Word Count: 687
Article Votes: 0
AddThis Social Bookmark Button

Pros and Cons of Dealership Financing


 
Business
No matter what your credit situation looks like, when you need a car, you need a car. Obtaining financing for your new car can seem daunting, but you do have two options: you can either obtain in-house financing from a KC Buick dealership or get a loan for a vehicle at a lending institution such as a bank or credit union. Here are some of the pros and cons of doing in-house financing through the Buick dealership that you should think about before applying for financing anywhere.

Pro: If You Have No Other Options In-house financing is a great deal if you have no other options as far as obtaining credit. For example, if you go into a lending institution such as a bank or credit union with no credit history and ask for a car loan, it is likely you will be denied. The same is true if you have a bankruptcy or recent repossession on your credit report. In-house financing might be your best and only option at this point.

Con: You May Pay More in Interest Because loans that are financed in-house are often designed for those with low or no credit to help them rebuild credit or help them out when there are no other options, you might pay more in interest than you would otherwise. However, this is really a moot point when you are out of a car and need to get one fast. One thing that you can do to offset the higher interest is pay more towards your principal balance each month to make up for it.

Pro: Helps You Build or Rebuild Credit As mentioned above, if you have poor credit, no credit, or a bankruptcy or repossession on your credit report, then in-house financing might be your only option. The good news is that you will be able to qualify quicker for things like a house, newer cars, and loans that you need to pay off debt when you finance your vehicle purchase at the dealership. You do this by making your payments on time and in full every month to prove your credit worthiness.

Con: Pay for Your Car Longer If you are obtaining financing through the dealership, then it may be possible that you have a longer loan term and a lower payment. This might seem really great but in reality, you are likely paying more towards interest than you would with a slightly higher payment and shorter payment term. In some cases, auto loans are being stretched out over 6 years and very little of the payments over those 6 years is going towards the actual balance of the vehicle.

Pro: Highly Trusted Method Ultimately, in-house financing through a dealership is considered one of the most highly regarded and trusted financing options that you can have, as long as you are able to pay your auto loan payments every month in full and on time. Dealership loans are often looked at more favorably than loans through other lending institutions, so this can mean good things for you and your credit score as well.

Con: Pay More for Your Car Because you might be paying more to qualify for your auto loan, the price of the car might be somewhat more than the car is worth. This is bad news for you because it means you are underwater on your loan as soon as you sign on the dotted line, owing more than the car is worth. Make sure when you are discussing your financing options with the professionals at the dealership that you fully understand through your own research what the car is worth before buying it.

While there are a number of pros and cons to getting financing through a KC buick dealership, inhouse financing is a smart move that could save you a lot of time, money, and hassle if you approach it in the right way.

Robert Brogden Buick GMC http://www.robertbrogden.com/ in Olathe serves Kansas City and St. Joseph, MO GMC and kc buick customers with new cars, used cars, parts, and service.

Related Articles - kc, buick,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
JASON NG

Jason Ng has a huge passion for the health and fitness industry as he strongly believes that having ...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
PAUL RICE

hello everyone l been on the net since 2000 and enjoy my work l work as an affiliate and also have w...more
DAMIAN POWELL

Demonstrated exceptional leadership in the government and private sector at an executive level. Skil...more
XTAGE XIXTEEN

My name is Kingsley Chihozie. Am from the western part of Africa, Nigerian. Am a graduate of Abia St...more
CHRIS BURTON

I am an International Corporate Consultant specialising in the bespoke formation of offshore compani...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license