Top 3 Benefits of Using an In-House Financing Dealership

Many buyers find the vehicle financing process complex. You can shop for loans at your personal bank or credit union, but you have limited options for loan length, interest rate, and other terms. Shopping online will get you multiple offers quickly, but you have to sort through the fine print to make sure you fully understand the loans presented to you.

In-person and online loan shopping also requires you to enter your personal information, which can then be passed around the internet. Before long, it’s likely that you start getting inundated with phone calls and emails from institutions trying to get you to apply with them.

When you shop for loans with Stan McNabb Chevrolet of Columbia, Tennessee, our finance department collects your information securely and won’t share it with others. We have an extensive network of lenders we work with to get you competing loan offers. Then, you have the opportunity to choose the financing plan that works best for you. We take the hassle out of the process so you can focus on what’s important: finding your dream car and the perfect loan. View our inventory of New Chevrolets, or If you have any questions, give us a call at 931-548-1370 today!

So if you’ve been wondering about the pros and cons of financing a car through a dealership, below we’ll talk about the best 3 benefits of using auto dealerships with in-house financing…

1. Tailored Financing Solutions

Chevy Silverado by Jason Lawrence is licensed with CC BY 2.0 DEED

Shopping for financing with our Columbia, Tennessee, dealership allows you to receive personalized plans. Our finance managers will ask questions to determine your needs, wants, and budget. For example, you might want to put down more money or extend the length of your loan to save money every month.

Maybe you can afford more in a monthly payment and prefer saving money overall with a shorter loan. Some buyers want to get the lowest interest rate to save money. No matter what you need, you can achieve that with tailored plans from our dealership.

We also offer special promotions and incentives when you finance with Stan McNabb Chevrolet of Columbia. These offers can save you hundreds or even thousands of dollars when applied as a down payment. We also have low-interest programs with factory-direct financing deals to get you the best rates possible.

2. Convenience and Efficiency

You won’t find a more convenient way to buy a car than with our dealership financing. When you arrive at our showroom, a salesperson will start by asking you a few questions regarding the type of vehicle you want. We then show you vehicles that fit your criteria.

Once you find a car you like, your salesperson will introduce you to one of our finance managers. At this point, we begin a review of your financial situation and get you preapproved. Our network of lenders allows us to explore dozens of loan options that your finance manager will review to determine which loan makes the most sense for your situation.

Once you select a loan, we draw up the paperwork. If you have a trade-in vehicle, we’ll have one of our vehicle experts appraise its value. You can rely on us for top dollar for your old car, truck, or SUV. Our finance department will handle all the loan paperwork, including taxes, title, and registration.

As a regional sales leader, Stan McNabb Chevrolet of Columbia has the inventory to find your dream car and the expertise to close your deal, all in one place and with only a few hours from shopping to driving off the lot.

Some people might want to use their bank, and we happily work with lenders outside our network. However, because we may not have an established relationship with them, the process can take longer, potentially adding days to close the deal.

We have a singular focus on the automobile industry. At the same time, bankers cater to the financial industry, including personal and business checking and savings accounts, business and personal loans, home mortgages, and more. You may speak with a bank manager who knows little about car loans, whereas our finance managers only deal with the auto industry.

3. Expert Guidance and Support

Our expertise and expansive lending network usually produce better deals than smaller neighborhood banks and credit unions. As a result, many of our customers choose to finance with us after comparing rates and terms to save time and money.

Many customers arrive at our dealership knowing they want to buy a car but don’t know if they should buy or lease one. Buying a car, whether with cash or a loan, builds equity. Once you’ve paid off the loan, you own the car. You can continue driving it and enjoy life without a car payment, or you can sell it and spend the money how you see fit.

Even the best cared-for cars show signs of wear after five years or so. You must live with the exterior dings, scratches, and stained or worn interiors. The older a car gets, the more maintenance it’ll require. These factors drive many people to trade in their vehicles when they reach a certain age.

You don’t build equity with a lease because you don’t own the car. However, leases generally run for two or three years, at which point you can buy or turn it in and lease a new vehicle. Some people enjoy driving a new car every few years. You get all the latest features and don’t have to worry about long-term maintenance. Monthly lease payments can be hundreds less than a loan payment for the exact vehicle.

Our finance managers help those shoppers understand the pros and cons of leasing versus buying so they can make an informed decision.

Explore Your Financing Options in Columbia Today

At Stan McNabb Chevrolet of Columbia, Tennessee, we want to be home for all your automotive needs, and that starts with getting you a great deal on a new car. We encourage buyers to get preapproved online before shopping.

You’ll receive your approval in just a few minutes, including your loan amount, interest rate, and monthly payment. Then, you can visit our showroom to shop confidently, knowing what you can afford. One of our staff will help you browse vehicles, and our finance managers can process your loan quickly.