Auto Loans: Where Will I Find the Best Rates?

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Car buyers looking for the best financing deal on their next vehicle might have the answer right under their noses.

According to the National Automobile Dealers Association, dealerships across the country are meeting or beating auto loan offers from competing banks or credit unions. Today, more customers are walking into a dealership with pre-approved financing, thinking they already have the best deal.

The truth is that dealerships can almost always find a better financing deal because they send applicants’ credit applications to multiple lending institutions. By financing through the dealership, consumers can also get additional incentives like cash-back rebates or zero-percent loan offers, and since the dealership is hoping to get parts and service business from their customers in the years to come, they will work harder to get their customers a competitive deal.

For more information on how to obtain a loan, contact a sales rep at Bayside Chrysler Jeep Dodge.  We have a wide selection of new and used vehicles to look at with competitive financing offered.  Like us on Facebook and follow us on Twitter to see more financing tips and for special monthly offers.

Image courtesy of renjith krishnan / FreeDigitalPhotos.net

Fourth of July Specials at Bayside Chrysler Jeep Dodge

2f7acdac960d629f881bc64fd879432bxBayside Chrysler Jeep Dodge will be closed this Thursday in observation of the 4th of July. We will reopen with normal business hours the following Friday.

Business Hours:
Monday 7/1 – Wednesday 7/3: 9am – 9pm
Thursday 7/4: Closed
Friday 7/5: 9am – 9pm

This upcoming Fourth of July, Bayside Chrysler Jeep Dodge is offering amazing deals on select popular makes and models. Here’s a look at the deals we’re running:

Chrysler Town and Country2013 Chrysler Town & Country:
$199/Month
MSRP: $31,390
39 Mths, 10,000 miles
*$0 down, tax & tags due at signing. Must qualify for lease conquest.

2013 Chrysler 200 Limited2013 Chrysler 200 Limited
$139/Month
MSRP: $25,680
24 Mths, 10,000 miles
*$0 down, tax and tag due at signing, Must qualify for Volkswagon Bonus Cash.

2013 Jeep Grand Cherokee Larado2013 Grand Cherokee Larado
$259/Month
MSRP: $33,490
36 Mths, 10,000 miles
*$0 down, tax & tags due at signing. Must qualify for lease conquest.

Want Better Credit? Break These 3 Bad Habits

We get questions all the time from people who want to get a car loan but have poor credit. What can they do to improve their score and their overall financial health? The answer isn’t as complicated as one would expect, but it involves one of the toughest things a person can do, which is changing their habits. We’re going to do a quick rundown of how you can break 3 of the biggest habits holding you back from a great credit score.

First, get a notebook small enough to carry in a pocket or a handbag, and make sure you always have it with you. Whenever you make a purchase, write it down in the notebook. This way, you know exactly where your money is going, and you break the habit of making impulse buys on a debit or credit card.

Second, pay down your credit card balance. A good part of your credit score calculation is the debt you have compared to the amount of credit currently available. The lower your balance on the credit card, the better your credit score will be. Once you have paid down your credit card, keep it at an amount you can pay off each month. Break the habit of debt procrastination, saying to yourself, “I’ll pay it off next month.”

Finally, get out a calendar or a day planner and make note of the days that your bills are due. Late payments can knock down your credit score very quickly and can lead to extra penalties or a higher interest rate. Break the habit of paying late, and your credit score will definitely improve over the next year.

Looking for more car buying and credit tips? Check us out on Facebook and follow us on Twitter for more, and stop by Bayside Chrysler Jeep Dodge if you are looking for a car but worried that your credit is holding you back.

Image courtesy of Pixomar / FreeDigitalPhotos.net