Can I Get In-House Used Car Financing?

If you are looking for an affordable way to get behind the wheel of a dependable vehicle in the Van Nuys area, buying pre-owned is a great option. If your credit is less than ideal, you may be concerned about not getting pre-approved. In-house financing may be a beneficial solution. If you have been looking for used cars in-house financing near Sun Valley, you have come to the right place. North Hollywood Toyota is proud to offer this option to our neighbors. See what makes us one of the preferred used car lots with in-house financing in North Hollywood today. 

What is In-House Financing?

If you’ve been shopping around for a new-to-you vehicle, you are likely aware that you have the choice to lease or finance the car, truck, or SUV. If you prefer to finance, you will need to decide if you prefer to finance with a bank or a dealership.

Many dealerships simply connect you to a variety of lenders in the area. However, used car lots with in-house financing will give you a loan without a third party. In-house financing is beneficial because a dealership can work around the restrictions imposed by banks and other traditional lending institutions. If you have not been able to secure financing from a bank or another lending institution due to poor credit or a lack of an established credit history, it is worth looking into used cars in-house financing near North Hollywood. 

Why Choose In-House Financing for Used Cars?

In addition to the increased chance of approval, there are other perks associated with used car in-house financing:

• You can get everything you need in one place.
• The approval process is quicker and more convenient. 
• Budgeting is stress-free when you are able to discuss insurance options and extended warranties while applying for a loan. 

As far as the benefits of pre-owned vehicles, you can enjoy more affordable pricing, lower insurance costs, and less worry about depreciation compared to buying new. 

Contact North Hollywood Toyota for More Information 

If you have questions about the automotive financing process, do not hesitate to reach out to the team at North Hollywood Toyota. It is our goal to help you find an affordable pre-owned vehicle that you can depend on for many years to come.