What Are In-House Financing Car Dealers?

In-house finance car dealers provide financing in which you’ll make payments directly to them, rather than to the bank. You’ll still need to be approved by a lender, but financing this way means you have a better chance of being pre-approved. Learn more about in-house financing below, and then consider applying for financing.

The Benefits of In-House Financing Car Lots

Aside from potentially saving money in the long run and getting you behind the wheel of your new car more quickly, there are other advantages to using in-house financing car dealers, including:

• Smoother pre-approval
• Extended warranties
• Flexible interest rates
• Better credit score

Whether you’re trying to build up your credit or extend the original warranty on the vehicle you’re interested in, deciding to apply for in-house financing may be the best option for your purchase. Once you fill out and submit your financing application, you’ll be one step closer to cruising the roads between Scottsdale and Paradise Valley. 

What to Look Out For

Here at Jaguar North Scottsdale, we want to make sure you’re getting the most for your money. You can rest assured we would always do what’s best for you. 

As you shop around the Cave Creek area for a new vehicle, be cautious of the following tell-tale signs of scams:

• If they allow you to leave the lot before agreeing on terms, you may be getting scammed.
• “Approved” vs. “Approval” – if the manufacturer approves the dealer, they are approved and have higher standards for quality. A dealership that hasn’t been approved might not have the same standards.
• If the car dealer doesn’t directly report to a credit bureau, they probably don’t have your best interests at heart.
• If you get a call saying your financing plan fell through, or you need to provide more money, or they tell you your interest rate has increased–you may be getting scammed.

Finance with Jaguar North Scottsdale

Choosing to finance with us at Jaguar North Scottsdale means a smooth pre-approval process, and it also means getting in the driver’s seat of your new vehicle sooner. We have plenty of new and certified pre-owned offers, along with financing options that make them more affordable. Learn more from our financing department by contacting us today.