Financing

When buying a car, you have 3 options: paying cash, getting a loan with your banking institution( Direct Lending) , or giving Addison AutoPlex the opportunity to shop the best deals on the market for you ( Dealership Financing.)

Direct Lending

In direct lending, you get a loan directly from a bank, finance company, or credit union. You agree to pay, over a period of time, the amount financed, plus a finance charge. Once you enter into a contract with a dealership to buy a vehicle, you use the loan from the direct lender to pay for the vehicle.

 

Dealership Financing

In dealership financing — another common type of vehicle financing — you get financing through the dealership. You and a dealer enter into a contract where you buy a vehicle and agree to pay, over a period of time, the amount financed plus a finance charge. The dealer may retain the contract, but typically sells it to a bank, finance company or credit union — called an assignee — that services the account and collects your payments.

Dealership financing may offer you:

  • Convenience. Dealers offer vehicles and financing in one location and may have extended hours, like evenings and weekends.
  • Multiple financing options. The dealer’s relationships with a variety of banks and finance companies may mean it can offer you a range of financing choices.


No matter what option you choose, we'll help you drive off the lot in the car you want. Whether you have great credit, bad credit, or no credit, we have financing options for you!!!