AUTO DEALERS

There are a multitude of different aspects that go into running a successful dealership as an independent owner. One aspect that has become increasingly important to owning a car dealership is the financing services that you offer to your customers. Currently, the majority of vehicles that are being purchased across the United States are bought with some form of auto loan.

The financing services you choose for your dealership play a crucial role in your business, as these services are what enable your customers to purchase your vehicles. In fact, car shoppers are becoming much more savvy about financing options. Because of this, you want to make sure what you offer is optimal for the majority of your buyers. Finding a company that offers affordable solutions to your customers will make your business a top choice for anyone looking for a new vehicle in your area.

Here at 1st Venture Fin, we offer friendly, affordable financing services  for independent dealers, so their businesses can thrive. As a family-owned company, we understand that car buyer options should be affordable. Extending affordable financing choices to your customers is one way to show you care – and that’s one element of creating repeat buyers.

Here’s some basic information about our different financing services.

Dealer financing programs are the services that dealerships use in order to help their customers purchase cars through the business instead of their own bank or credit union. Auto financing, in basic terms, is when a lender approves to finance your customer’s purchase, in agreement that the customer will pay the lender back.

Auto financing makes up a good portion of all of the different kinds of loans that are administered today. Auto loans also make up a large portion of how most vehicles are purchased today. Because of this, it’s crucial that as an independent dealership, you offer financing services that allow customers to be able to purchase your vehicles. If you don’t offer financing services, or work with a company that doesn’t approve many buyers or has high interest rates, your potential buyers might turn somewhere else.