4 Benefits of Getting Car Financing at Your Kia Dealership

Once you’ve decided to buy a new vehicle, the next step is deciding how to pay for it. Sure, you could pay cash for it, but that’s not your only option. There are a lot of reasons why arranging car financing through your local Kia dealership is the best way to go.

4 Benefits of Getting Car Financing at Your Kia Dealership

1. You Can Spend the Money on Other Things

Even if you have enough cash on hand to pay for the car up front, you may still want to consider financing your vehicle. A financing arrangement allows you to break the total cost of the vehicle down into a series of monthly payments. Because you’ll be paying for that new car or truck over time, you won’t have to deplete your checking account to make the purchase.

There are a lot of things you can do with that money if it stays in your checking account. You could use it to invest in stocks, mutual funds, bonds, or even real estate. You could view that money as savings that you’re hanging onto for a rainy day. Or you could decide to use it for occasional splurges on fun purchases. Remember that you’ll also need funds to maintain your new vehicle, so keeping cash on hand is smart.

2. You Can Drive Home a Nicer Vehicle

Because you won’t be on the hook for paying cash, financing makes it possible for you to purchase a nicer vehicle than you might otherwise have been able to afford. Most car buyers find that paying for a vehicle over time through monthly payments is the easiest way to go. And if you’re able to commit just a little more each month to your car note, you’ll be able to purchase a much nicer vehicle.

Financing your next vehicle gives you the flexibility to shop around and pick out a car or truck that you truly love, without needing to have all of the cash on hand. It also makes it easier to purchase optional upgrades to your next vehicle.

3. You Can Improve Your Credit Score

Financing your vehicle through the dealership and then making regular, on-time payments on it is a great way of improving your credit score. Your credit score is a key component of financial health because the higher your score is, the easier it will be for you to borrow money at favorable terms in the future. If your credit score could use some work, financing a vehicle and paying it off can help.

4. You Can Trust Your Local Dealer

When you finance a vehicle through your local dealer, you can rest assured that you’re in good hands. Dealerships offer competitive interest rates and can provide expert assistance as you work through the financing process.

Financing a vehicle through your local dealership offers many advantages. That’s why so many consumers choose dealership financing. Go to Crain Kia of Fayetteville and pick out your next car or truck today!

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