This Is Our Story
Best Bank For Auto Loan.com knows how difficult and stressful the car buying process can be, especially financing and applying for a loan. We wanted to make that aspect of buying a new car more manageable for you the consumer.
We work with dealerships and their banks, and we scout the best ones. We give them incentives for registering with us and then let you connect to them directly. That way you can apply for a loan and get affordable financing directly from the source. There is no third-party interference, just a direct relationship.
See what we’re about, we guarantee you will never search for a new car and never finance or apply for a loan again without using us.
Here Is How We Help You Secure A Loan
Search For A Dealer And Search For A Bank
Easy to search for via our directory.
We have a credit line for every credit score.
Buy The Car You Want To Drive
Once you get your financing down, you can get the vehicle you want to drive, not the one you have to drive.
Why Dealerships Are The Best Choice For Getting A Loan
You may think that going through a dealership, or the bank that backs it is a bad idea when trying to secure a loan, but these are a few reasons it is not.
Going Directly Is The Best Way
Unlike dealing with an intermediary, going directly through the bank and the dealership means there are no excess forms to fill out or extra sign-ups.
Finance On Your Terms
When you go directly through a dealership and their bank you can finance on your terms and establish payment parameters that you can pay on a monthly basis.
Making You Their Priority
Dealerships have a lot of incentive to ensure that the financing and loan application process go smoothly and that you are not turned off by it. They will work with you to make sure that you can get pre-approved quickly and can be driving in your new car sooner rather than later.
Customize Your Financing Options
Banks and the dealerships they work with can structure loans and financing in a way that can feature payment options and interest rates customized to fit your credit and financial situations. That is something you could never get through a third-party site.
Some Things To Remember When Going Through A Dealer's Bank For A Loan
Finance Within Your Means
Remember when you are financing a vehicle, to make sure that you can attain the terms in it. Do not set up interest rates or monthly payments you can’t afford.
Refinance Whenever You Can
Make sure that whenever you can refinance the terms of your car payments, that you do. It ensures that if your credit situation changes, your financial situation changes, or your ability to make monthly payments at the original rate changes that it will not hurt your credit score or ability to make payments.
Make Sure You Take Extra Costs Into Account
Always be sure to know that whether it is insurance, repairs, or any other number of extra/ unknown costs is factored into how much you pay per month on your car. You never want those costs to pile up and build and create a situation that is detrimental to your finances.