Maryland Auto Finance is making it easier than ever for car-shoppers to line up their financing arrangements before they step onto the dealer lot.
Baltimore, MD (PRWEB) July 30, 2013
Maryland Auto Finance is making it easier than ever for car-shoppers to line up their financing arrangements before they ever step foot on the dealer lot. This saves hours of time on the day of purchase, as consumers can avoid lengthy discussions in the dealership's finance and insurance office, focusing instead of choosing the vehicle they really want.
It is well-known among "power shoppers" that pre-arranging one's financing affords a number of benefits. Because the consumer is not dependent on the dealer to arrange his or her financing, they have better negotiating leverage. It also saves time and reduces stress.
In the past, it could be a lot of extra work to securing financing ahead of time, however. That's because a consumer might have to visit multiple lenders before getting approved, especially if they had anything but perfect credit.
Maryland Auto Finance, however, has introduced a new program which allows its clients to submit a single application, and the company goes to work matching each applicant to an appropriate lender or dealer in their extensive statewide network. Once placed, the consumer enjoys the benefits of working directly with a finance specialist to make the most of their purchase.
"People realize that it's better to have your financing pre-approved before you head to the dealership," said one company spokesperson. "The problem is, for a long time there was no easy and convenient way to handle this. Fortunately, we believe we've taken great strides in solving this issue for our clients."