Navigating Car Financing Options at Your GMC Dealership

Financing your new GMC enables you to get the vehicle you want now rather than waiting and saving the purchase price. When you decide to finance, you have several different options, including banks, credit unions, and your dealer. As your GMC dealer, we want to tell you about some of the reasons why choosing us for your car financing is the right choice to make.

Benefits of Car Financing Through Your GMC Dealer

Easier Process

Applying for a bank loan requires that you do all the work yourself, from calculating what you can afford to work out potential interest changes. They don’t offer any assistance, and this can make your application more of a hassle than it should be.

Our process is different. We have several helpful tools available on our website to help you. You can quickly and easily calculate your potential installments and interest payments.

Pool of Lenders

When you apply to a bank for finance, you gather your information, complete your application, submit it, and then you wait. If the bank refuses your loan, you must start the process again at another bank. This can become time-consuming and even disheartening, as banks can be less than transparent in their approval process.

We work with a pool of lenders, offering you numerous potential loan options. Our lenders are all in Indiana, and they have expert knowledge of the local market and conditions. Once you complete our online application, the information will be reviewed by one of our finance team and forwarded to all our lenders. No wasted shoe leather traveling from provider to provider, and you can expect a response usually within the same day you apply.

Options for Everyone

Banks are very conservative and must follow specific policies and procedures to approve a​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ loan. Generally, you’ll get a loan if you have perfect credit but are very unlikely to get a loan if you have average or low credit.

We have a different view. If you can pay the installments, you should get approved for a loan. Our lenders understand that not everyone has perfect credit, and they can offer options for any level of credit, from excellent to credit that needs to be improved. In addition, getting a car loan will help to increase your credit score as you consistently meet your payments.

These are just some of the ways we make financing your new car simpler and easier. Contact our finance department today at Schepel Buick GMC in Merrillville, IN.

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