What are In-House Financing Car Dealers?

In-house financing car dealers provide financing through the dealership where you’ll make payments to them instead of the bank. Even though this process still requires approval by the lender, in-house financing car lots offer the benefit of a better chance of getting approved. If you have questions about in-house financing, don’t worry. You are not alone. Mercedes-Benz of West Covina would be more than happy to discuss this option so you can make the best decision for your budget. Get the details before applying today. 

The Benefits of In-House Financing Cars

Get behind the wheel of your dream car faster and for less when you consider in-house financing cars. Here are just a few of the additional benefits:

• Easier pre-approval
• Extended warranties
• Flexible interest rates
• Higher credit score

If you are interested in more warranty coverage for added peace of mind, or you are trying to boost your credit score, it is a good idea to look into in-house financing. Once you fill out and submit your application, you’ll be on the Covina roads in no time.

Financing Tips

Searching for “in-house financing car dealers near me?” Be sure you choose a reputable location like Mercedes-Benz of West Covina. If you notice any of the following warning signs, it could be an indication that the dealer is taking part in an in-house financing scam:

• If they allow you to leave the lot before agreeing on the payment term
• ”Approved” vs. “approval” – if the manufacturer approves the dealer, they are approved and have higher standards for quality whereas the latter might not
• If the car dealer doesn’t report to a credit bureau
• If you get a call saying your financing plan fell through and need to provide more money or they tell you a higher interest rate than before

Choose Reliable and Affordable Financing with Mercedes-Benz of West Covina

See what sets us apart from other in-house financing car dealers in the Covina area. If you have any questions about your financing options, do not hesitate to reach out to us for more information. We want you to find a vehicle you will love that fits well within your budget.