5 Benefits of Getting Financing Through Your Kia Dealership

Buying a car involves a series of decisions, from selecting a model to picking out optional amenities. But one of the biggest decisions comes at the end of the process when you’ll need to determine how to pay for the vehicle. Paying cash upfront for your new set of wheels is always an option, but many consumers find that arranging car financing through their local Kia dealership in Lanham, MD, is the smart way to go. Here’s why.

Advantages of Getting Car Financing Through Your Kia Dealership

1. You’ll Keep Money in Your Pocket

Paying cash for a vehicle upfront can take a chunk out of your bank account. Financing a vehicle allows you to pay for it in installments over time, allowing you to keep more money on hand. This helps ensure you’ll have funds available to cover vehicle maintenance, car insurance, or other expenses. You may even decide to invest the money.

2. You’ll Get a Great Deal

Buyers who finance through our dealership score competitive interest rates. That’s because we take each buyer’s financing application and shop it around with the lenders we work with, to get the best possible rate.

Many of the buyers we work with also qualify for cash rebates, zero-percent financing, and other amazing promotional offers made available by Kia. These offers can make it more inexpensive to borrow money, so it makes a lot of sense to go ahead and finance the vehicle.

3. You’ll Be Able to Drive Home a Nicer Car

When you finance a vehicle, your decision about which car to buy isn’t limited by how much cash you have on hand. As a result, you may be able to splurge on a slightly nicer vehicle or add on a sunroof or other amenities you’d like to have. Financing a vehicle gives you the freedom to pick out a vehicle that you want, and that will best meet your needs.

4. You May Improve Your Credit Score

Financing your vehicle and then repaying the loan on time is a great way of demonstrating that you can handle debts responsibly. Once lenders see that you can be counted on to repay loans, you’ll likely have an easier time borrowing money in the future. And if you have a limited credit history, financing a vehicle and paying it off is a good way of establishing a good track record.

5. You Can Repay the Loan at Any Time

Financing a vehicle doesn’t mean you’re locked into making payments for the full term of the loan. You can repay the amount you borrowed at any time, particularly if your financial situation or goals shift.

When you’re ready to finance your next vehicle, you can fill out our online pre-approval form to get a head start or come see us at DARCARS Kia of Lanham.

Posted in Affordable Car Financing MD, DARCARS Kia of Lanham, Kia Financing | No Comments »