After the recession of 2007, lenders are often more selective about which individuals they choose to finance, including through auto loans. Unfortunately, the reluctance of these traditional lenders to take a risk on borderline applicants can lead to lost sales and customers walking away from your dealership unhappy. No one benefits from a parking lot full of unsold cars and people who aren't approved to buy them, which is why newer lending institutions have formed to fill the gaps.
Buying a new vehicle can be nerve racking, and take a lot of time. There are a lot of different dealerships, or you can pick up a car from a private seller. There is no doubt that each option has pros and cons. While a private seller will almost always sell their car for a cheaper price, there are some definite problems with buying from a private seller. This article will outline a few reasons that buying your next car from a dealership is the best idea.
