Unlike other dealerships, we don't need to try to find financing for you by shopping your credit application out to a bunch of anonymous banks, and then waiting for those banks to get back to us. At Easton Motors, we finance 99% of our used car sales by ourselves, with what’s known as in-house auto financing. That means we don't hand off your loan application to a bank like other car dealerships do… we are the bank, and that means we get to make the decision about whose loan is approved.
That’s one of the many ways that we think we’re a little different than a lot of other used car dealerships, and—we hope—this makes it a little easier for our customers, too. In most cases, people know within an hour or less whether or not we can help them.
Why Don’t You Work With Outside Lenders?
We don’t work with outside banks (except in very rare cases) because most of the customers we serve have already been rejected by another dealership, or know that their credit is bad and need someone who’s used to taking bigger risks on car buyers. Most banks look at your past and make a simple yes/no decision about your loan. At Easton Motors, we're more interested in your future. We focus on your situation looking forward, and look for ways to get you financed that other dealerships (and banks) wouldn’t care about. Because we're one of the leading experts at in-house auto financing for people with credit problems, we know exactly what to look for when assessing a customer's situation—things that banks don't even know about. Every person is different, and if there's a way to make it work for you, we'll make it happen.
Additionally, because we don't shop your loan around to a bunch of banks, your credit report doesn’t suffer by making it appear like you're looking for money from anyone who will give it—which is exactly what happens when you buy from dealerships who don’t finance in-house. Best of all, unlike smaller dealerships or even Craigslist cars, each time you make an on-time payment to us, we'll report it to the credit bureaus, so you can start to establish a better credit rating immediately.
If you’d like to learn more about our financing process, or get ready for your upcoming appointment with a finance specialist, please give us a call at 877.254.6855, or simply fill out a credit pre-approval form, and someone from our staff will be in touch shortly.