The purchase of a vehicle is a significant life expense for a consumer. Whether this vehicle is new or used, it is important to evaluate the financing methods available to us when the time comes. At Style Auto, your used car dealer of Laval understands that buying a vehicle can be a significant financial burden on a family. Our experts know all the financial products that are available on the market and are able to advise you on the existing programs by handling your financing request.
If cash is one way to pay for the purchase of your used vehicle in one shot and certainly a good way to avoid paying interest, this large drain of your personal savings can still have an adverse effect down the road. It is always a good idea to keep a provident fund to be able to cope with the unexpected. That being said, the cash purchase has a strictly financial benefit to the consumer. On the other hand, not all families can afford the luxury of paying cash for a vehicle. There are other ways to buy a used car.
If we look at banking institutions, they offer financing solutions for the purchase of a new or used vehicle. Indeed, they offer auto loans with interest rates that are sometimes inflated. If the banking solutions are useful, Style Auto, your used car dealer of Laval, near Montreal and the North Shore, offers you a one-stop shop that allows you to choose a vehicle and to finance your purchase on the spot.
At Style Auto, experts in the field assess your financial capacity. This way, they can establish your borrowing capacity by ensuring that your monthly payments or other terms are not a drag on your lifestyle. Auto Style and Lifestyle are as important to us as it is to you.
Among the wide range of programs that we have, leasing allows you to lighten your car loan, since the residual value of your vehicle is depreciated over the period of your lease. Since the monthly payments or other terms are less important than the purchase of the vehicle, they allow you to save money and buy the vehicle at the end of the lease at its residual value. This option can be particularly beneficial when interest rates are low.
But at Auto Style, we go even further. We offer you conventional first-chance financing with a prime rate over a period of time, but also a second and a third credit chance at credit. Our finance service experts know the needs of the clientele and know that some have had to go through obstacles to obtain a car loan. It is quite possible and normal in the life of an individual to experience a bad financial period, and you shouldn't be defined by it. We know it and we understand it well. 2nd and 3rd chance in-house financing is our specialty. As the name implies, second and third chance in-house financing is an opportunity to buy a used vehicle, regardless of the model, even if you have experienced financial difficulties. This in-house financing is aimed specifically at this clientele, which represents more than 55% of the population, and that has used this financing method. So no one shouldn't feel ashamed to consider in-house financing. Moreover, at Style Auto, as we do business with a wide range of financial institutions, we work hard to provide you with the best available rates.
Like conventional first chance financing, second and third chance financing are great levers to rebuild your credit rating and earn points for credit bureaus like Equifax and TransUnion, for example. By paying your installments in time, you give yourself the opportunity to regain control over your financial and budgetary situation. If you are in one of the following situations: bankruptcy, consumer proposal not completed, pensioner, debt consolidation or collection, judgment, late payment on your credit card, bad credit, low income, newcomer, etc., our specialized financing experts at Style Auto will be able to get you an auto loan for your next used car purchase, with monthly payments that will not cause you insomnia.
At Style Auto in Laval, near Montreal and the North Shore, we are able to restore your dignity and put you back on track. Despite your credit history and financial difficulties, auto credit is our specialty. With our inventory of second-hand cars totaling more than 60 vehicles, Style Auto has not only a financing program for you, but a certified used vehicle for you. Come see us now and you will leave with your dream vehicle.
We invite you to learn more on our financing website at www.financementautolaval.com!
Posted in on Jan 10, 2019
