Purchasing a new vehicle is a big decision; we're here to help you navigate the process easily.

What Is Dealer Financing?

Dealer financing, or dealership financing, is an auto loan you can get through a car dealership. The dealership arranges this type of financing, but a third-party lender, such as a credit union, bank, or finance company, usually provides the actual loan.

In dealer financing, the dealership acts as a middleman between the borrower and the lender. The dealership usually offers financing options and rates based on your credit score and financial situation. They may also provide incentives, such as cash-back offers or discounted interest rates, to encourage you to finance through them.

Why Choose Dealer Financing?

There are several reasons why you might consider dealer financing for your next car purchase:

1. Convenience: Dealer financing is convenient because you can get pre-approved for a loan and choose your car all in one place. You won't have to shop for a loan or car separately.
   
   
2. Flexibility: Shopping for your car on Sunday? No problem! You don't have to worry about the business hours of your lender when you go through the dealer.
   
   
3. Special offers: Dealerships may offer special financing deals, such as zero percent interest or cash-back incentives, that you may not be able to get through other lenders.
   
   
4. Easy qualification: Dealer financing may be easier to qualify for than other loans, especially if you have less-than-perfect credit. Dealerships have relationships with multiple lenders, which means they can shop around for the best loan terms for you.
   
   

If you're planning to use dealer financing, make sure to mention Cornerstone to your dealer! Working with us means giving back to your community and supporting local. Our rates are competitive, and our loan terms are flexible, so you can get financing that fits your needs.