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What To Look for With In-House Financing Dealerships in Utah

by - Posted 1 year ago

Many reputable used car dealerships provide reliable vehicles at affordable prices. Most used dealerships aren’t overseen by an automaker, though, and independent businesses in any industry can be better or worse. If you’re in the market for a used car, here are both good and bad signs to watch for when checking out used in-house financing dealerships in Utah.

Green Flag: Answers Questions

You’ll likely have many questions about the dealership and its vehicles, and a good used car dealership will fully answer everything you ask. Solid answers show that a dealership doesn’t have anything to hide, is interested in helping you find the best vehicle for yourself, and is knowledgeable about its cars. You can trust a dealership that provides straightforward and complete answers.

Red Flag: Unclear Fees

All car dealerships (including new ones) must charge additional fees beyond the vehicle’s actual price. Good dealerships have clearly defined fees that they’ll review with you. If a dealership is unclear about its additional fees, you might end up paying much more than expected. Go to a different dealership that’s clear about what you’ll pay.

Green Flag: Vehicle History Report

Vehicle history reports are readily available through companies like Carfax. Good used car dealerships will provide a complimentary vehicle history report for each of the vehicles in inventory. It’s cheaper for the dealership to obtain a report on each of their vehicles than for you to purchase a report on each vehicle you consider.

Red Flag: Lowball Trade-In Values

The trade-in value of most vehicles can easily be checked online. Just be sure you check trade-in value and not private sale value.

Most dealerships should offer you approximately the trade-in value of your vehicle. You might get notably less if there’s an unidentified issue, but a dealership should explain the reason for the decrease in the offered price.

A dealership that lowballs your trade-in without good explanation is trying to unfairly maximize profits.

Green Flag: In-House Financing

The in-house financing dealerships in Utah are the best used car dealerships because they can take care of the entire purchase themselves. There’s no need to involve outside financing, which can complicate matters (especially if you have non-stellar credit).

Red Flag: Requiring Specific Financing

Even the in-house financing dealerships in Utah will let you secure financing from wherever you like. While completing financing in-house is the most convenient and usually among the most affordable, it’s not required.

If a dealership requires you to finance through a specific lender, the dealership may be receiving a commission on the loan. The dealership might not be letting you get the best car loan that’s available to you.

Visit Fast Start Auto

At Fast Start Auto, we’ll answer your questions, offer a vehicle history report, and provide in-house financing if you choose. You don’t have to worry about hidden fees or strict lender requirements, and you’ll also get a fair offer for your current vehicle. In other words, we’re an in-house financing dealership in Utah that has a good, established reputation within our community.

If you’re in the market for a used vehicle, let our team at Fast Start Auto help you find the perfect vehicle at an affordable, fair price.