Where Should People with Great Credit Get Their Financing?

November 5th, 2016 by
financing for good credit

The different routes available to great credit customers include shopping around themselves to different lenders, working with a dealership that helps arrange financing, or a combination of the two. Which one of these should you choose?


At Auto City we work hard to provide financing for all. People who already have great credit sometimes wonder what route they should go for their financing. With so many options available to them based on their good credit, how do they sort out which ones are offering the very best terms? The different routes available to great credit customers include shopping around themselves to different lenders, working with a dealership that helps arrange financing, or a combination of the two. Which one of these should you choose?

If you’re going to do the “shop around yourself” option, mentally prepare yourself for a lot of legwork. If you already have a good relationship with a bank or credit union, by all means, see what kind of used car loan terms they will offer you. Hopefully, being a loyal customer will result in decent terms. But in order to know if the terms are any good, you’re going to have to find at least several more lenders and see what each one offers you, comparing the different aspects of the loan terms to see which one is the best. This can take up a lot of time. If you’ve already been through the process of shopping for a car, the idea of spending another whole chunk of time shopping for a car loan can feel a bit depressing.

Why go through all that hassle? At Auto City, we have a finance department that will work with you to get the best terms possible on a used car loan. By all means, please come in with the details of whatever your own bank has offered you, but why not find out what we can do for you?

Auto City has a whole network of leading lenders we work with, including Wells Fargo (the top lender in the used car market), Capital One, Ally, AmeriCredit, Flagship Credit Acceptance, California Republic Bank (CRB), CUDL, local credit unions, and others. When you fill out an application for financing with Auto City, we then send it out to all of these lenders in one fell swoop, saving you a ton of time and effort. How long would it take you to collect information from 10 or more lenders to see what kind of deal you can get? Forever!

At Auto City, we know that when banks compete against each other for your business, you come out the winner. It makes perfect sense to apply for financing through us in addition to whatever other lenders you want to check in with on your own because in just minutes you’ll know which lender from our network has the best terms out of all of them, and then you can compare that with what your bank has offered you.

With your great credit scores, you’ll start out with lower interest rates than people with challenged credit, and you can leverage that through the Auto City financing department to find out which lender in our network has the best financing deal you can get. So what are you waiting for? Fill out our simple application today!