Mercedes-Benz Financing vs. Bank Financing

Are you interested in buying one of the new or pre-owned models on our lot? If so, and you don’t intend to pay for the vehicle upfront, you have two options to choose from: applying for Mercedes-Benz financing through our Mercedes-Benz finance center or pursuing bank financing. For many area drivers, the right choice is crystal clear, and it’s to apply for an auto loan through Keyes European.

Reasons to Bypass Bank Financing

Some motorists erroneously think they have no choice but to apply for an auto loan through a bank, but that’s not the case. Even if you have a relationship with a given bank, the financial institution may not be able to offer the same terms you could secure elsewhere, which can make the cost of owning a car more expensive than it should be.

When you contact our Van Nuys, CA, Mercedes-Benz dealership, you’ll learn that we work with a variety of lenders. By contrast, a bank will only make one offer if you qualify for a car loan. A bank only presents its own offer to avoid competition.

If you want to buy one of the pre-owned vehicles on our lot, your bank may refuse to finance your upcoming purchase. Too often, banks refuse to finance previously owned cars that are above a certain age and automobiles that have a lot of miles on the odometer.

Benefits of Dealer Financing

Of course, the benefits of Mercedes-Benz financing combine to be another powerful reason to bypass bank financing to secure an auto loan through our Mercedes-Benz dealership. When you finance through our location, you’ll be able to negotiate certain things, such as your down payment. You may also qualify for exclusive financing offers a bank cannot compete with.

Unlike many traditional lenders, our finance experts will help you secure a car loan even if your credit is poor or non-existent. We offer extended warranty coverage that can be rolled into your auto loan, something banks can’t provide no matter how much you’re willing to pay for the added protection.

Apply for Mercedes-Benz Financing at Keyes European

Do you want to add a Mercedes-Benz vehicle protection package to your auto loan? That reason and many others are precisely why you should apply for an auto loan through our Mercedes-Benz finance center instead of a bank. To learn more about the benefits of dealer financing, contact us or visit our location today.