back to articles | April 18, 2022 | Dale Peterson
Categories: Tips & Insights For Car Buying Auto Loans & Financing
Advantages of Direct Car Finance
Are you looking for the most affordable car finance? Do you want to avoid dealer loans that have a high markup? Learn the essential advantages of obtaining a direct-to-consumer auto loan financing opportunity.
Do You Need to Finance Your Auto Loan
Are you struggling to keep money in your pockets? Besides your food, clothing, and rent, you might also have many other expenses that you may need to handle. It takes one natural disaster or accident to put you behind the eight ball. We know how important transportation is in managing and maintaining a sound financial base. Getting a competitive auto loan is just one more reason to seek out the best in the auto financing industry.
A side note here but one that we think is important. Here are a few things to keep in mind when a bit of bad luck comes your way.
Don't get stuck on the one little thing that wrecks your mood. Breathe. Life is too short for senseless negativity. No matter how good or bad you have it, do your best to be thankful for your life each day. Remember, someone somewhere else is desperately fighting for theirs.
You didn't go to sleep hungry last night. You had a choice of what to wear today. You can read. The secret to being grateful is no secret. The majority of what's stressing you out today probably won't matter a week from now. Shake it off, reset and bring your attention back to what's essential. Remember, what you focus on grows. "What you think about expands."
Unfortunately, bad things happen to good people. That saying has been around for 100 years – it happens and is usually unexpected. Getting your finances in order can have several routes for you to take. It could be a need to replace an older car with a newer used car or purchase a new car. Other options include auto loan refinancing and even buying a used auto from a private party selling their vehicle. Regardless, when you get a bit of bad luck, you need to be positive and find a way to turn things around, and you can, with creativity and effort.
So, let's say you need an automobile loan. Most families have multiple cars to provide them with transportation for work and play. However, you might need one yourself, so what are your best options for vehicle financing?
Why Go Online for an Auto Loan
Most dealers have a captive audience. They have you from the start. Some people want to go to the dealer for everything, and that's their choice. Dealerships figure that you will get financing from them since you are looking at their cars. But why should you? Dealerships charge higher prices via markups of your auto financing interest because they cater to those who have no alternative. Fortunately, direct-to-consumer car loan financing is a viable alternative and a great place to start your journey of finding an automobile loan.
Compare Car Financing Options
myAutoloan.com is a direct-to-consumer lending platform allowing you to compare auto finance offers. This way, you can find one that best fits your needs. Avoid the dealer monopoly that is "one size fits all." Use this handy finance guide to learn more. Gain real empowerment with a higher level of control over your new or used auto finance. With more choices, you win. With about 25 lenders to choose from for an auto finance direct-to-consumer loan, you have the freedom to select the lender to handle your financing.
Up to 4 Loan Offers
Not all car loans are created equal. With one used car financing loan, you might feel stuck. You need money, but you don't want to agree to what you think are terms or conditions that seem unfair. Auto finance is a significant commitment. It will tie up your future earnings. You must find the best car loan that fits your budget. Check out the tools to compare interest, payment, and term analysis as you start your research.
With our direct loan lending platform, you can get up to 4 loan offers. All offers are genuine offers, and your credit score is not affected. That should provide you with plenty of room to maneuver. You can see what is available and select which is best for you. Having a "choice" is a great thing!
myAutoloan.com empowers you with the means to get the transportation you need. Not everyone has perfect credit, but if you do, great; myAutoloan covers all credit situations from bad to excellent. Not everyone has perfect credit, and that's OK. Many good people are trying to find the right financing, and myAutoloan can help; they understand that many good people might have bad credit. Remember, myAutoloan lenders (direct to consumer loans) cover the entire credit spectrum.
More Affordable Loans
Economics 101 teaches that those with a monopoly charge higher prices. The dealer has a monopoly. Why should he offer you cheap car finance? Many dealerships believe you won't go anywhere else. You might go to the dealer lot and figure you can get maintenance and car financing in the same place. But that might be too costly, so it never hurts to compare and shop before heading out to a car dealer.
You are bound to get cheaper financing when you have up to 4 different car loan offers from other reputable lenders. Why? Because they work to earn your confidence and their financing terms are competitive to earn your business. Unlike the dealer, direct-to-consumer financing offers have no markup or middle man to increase the financing interest rate. They know that they must be more efficient and earn your trust. They must offer affordable auto loan financing to seal the deal. Again, you get to choose!
Therefore, with myAutoloan's direct-to-consumer auto finance, you are likely to find a more affordable loan. If you want a cost-effective process, we offer it. We are in 48 states and empower the consumer. Cut out the middle man markup. Direct to consumer car loan financing provides you with money at an affordable price. Don't be tied to dealerships. Get the best deal with a direct-to-consumer auto financing loan at myAutoloan.com.