In-house auto financing at a glance
In-house car financing is said to have occurred when a car dealership lends you money directly from their coffers without having to go through third-party lenders such as banks and credit unions.
When people buy used cars in Ontario dealerships, it’s usually a third-party that finances the transaction. Or If that dealer offers financing, most likely would be at very high interest rates. At Lebada Motors, we’ve taken the time to carefully draft this content to serve as a source of enlightenment just so you’re not confused when next you hear “in-house auto financing” anywhere in Kitchener-Waterloo.
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Traditional auto financing vs In-house
Here vehicles are purchased from dealerships, however though, a third party lender is responsible for the money for this purchase. Fortunately we work with one of the largest lender’s network in the province. These lenders could be prime lenders such as:
In-House car financing in Kitchener-Waterloo and Guelph Region
Merits of In-House car financing
At Lebada Motors Cambridge Ontario, we pride ourselves as the most considerate auto or truck dealerships in Hamilton, or Kitchener Waterloo Region. We not only approve your application but we take the pain of ensuring you got financed at the lowest interest rate while simultaneously working on rebuilding your credit score.
At Lebada Motors Cambridge Ontario, our finance department work with a lot of major banks and financial companies like Canada trust, Desjardins, Carfinco to mention a few, that will put you in the road of credit recovery. We accept all sort of income type, fill the form and go home with a vehicle that fits your needs. We’re always here to walk you through your auto loan application in Canada.