In-House Financing Benefits through Car Dealerships

If you are considering buying a car, you might want to look at the advantages of opting for in-house financing through the car dealership while making the purchase. If you’re unsure whether this is the right option, read on to learn how the buy-here pay-here structure can benefit you:

Seamless Purchase Process

 Rather than spending too many days on applying and waiting for your auto loan application at some other financial institution for preapproval, the in-house financing process is faster and seamless. They also offer more benefits, such as flexible interest rates and extended warranties. What this means for you is that you can own your vehicle much sooner than what it would take when you go through any bank.

Flexible Approval Terms

In-house financing becomes a more conducive option if you have rocky credit. While your monthly payment and interest rates may be slightly higher, they offer more flexibility with approval. If you have a not so great credit history, you would also have the option to refinance your higher interest rate loan after 12 months as long as you make your monthly payments on time, in full during that period.

Accommodating Approach

Used car dealerships that offer in-house financing receive a significant number of car loan applications. Because of this, they have a very well-organized system in place, which allows more flexibility and accommodation in their approach. If you have a specific budget, they will work with you, while giving you the ability to pick the vehicle you like. Many may also add some incentives for good measure.

The Chance to Build Credit

Most people that buy a car via in-house financing at a pre-owned dealership notice a boost in their credit rating within a couple of months after the purchase. When you improve your credit score, it can pay off in many different ways apart from your car loan. Better credit also means that you can get accepted more readily into a rental property. If you choose to mortgage property, better credit will also mean a lower interest rate for you.


As you can see, there are some distinct benefits to opting for in-house financing through a car dealership.

At Craycroft Auto Sales the process is made simple. They offer guaranteed approval and interest rates as low as 3%, along with standard bank financing options versus in-house financing. Whether you have no credit, good credit, bad credit, or a score as low as 400, they’ve been helping people get on the road for over 25 years. You can easily apply for an auto loan or click our phone number to call directly at (520) 777-5800.

We hope this will help you in your choice for your next car, truck, or SUV.