Should You Buy Your Car From a Dealer or Use Bank Financing?

If you are thinking about buying a car, there are a number of aspects to consider prior to making your purchase. Sure, selecting a make and model to suit your lifestyle and needs is important, but you can’t just get caught up in the excitement of the car itself. You need to consider the financial side of things as well, including whether to seek financing from a dealer or the bank. Financing isn’t quite as fun to talk about as paint color or a sunroof, but it’s something you’re going to have to consider prior to making your purchase.

Here at Somerville Auto, we work hard to serve our customers’ needs, including when it comes to financing. We offer in-house financing on vehicle purchases in order to provide our customers with a one-stop shopping experience. Imagine picking out the car of your dreams, only to get in touch with your bank and realize that you cannot get approved for the purchase. Getting approved for financing through a dealer can be a more convenient and cost saving measure. For instance, some dealerships can offer zero percent financing, which bank’s simply cannot.

Ultimately, whether you finance your car purchase through a car dealership, such as Somerville Auto, or through a bank is your decision. There are a few different factors, such as credit score, that go into the process of financing a car. We have an easy, convenient and secure online pre-approval process, or you can contact us to set up an appointment to learn more about the financing options we offer our customers.