Are you trying to weigh your options on financing a new vehicle? Here is a list of some pros and cons to financing that might help make the right decision for you!
Pros of financing:
  • Financing builds up your credit profile, many new drivers don't have too much of a credit file built up yet. Financing a car can help you establish more of a profile for yourself. Which in turn opens up more opportunities for you in the future.
  • Smaller, more flexible and customized payment plans
  • Buy now, pay later and hold onto your savings
  • Financing gives you the opportunity to own the car that you REALLY want.
  • Available even if you have a poor credit rating.
  • One day all in shopping¬†
Cons of financing:
  • You have a car payment
  • Sometimes costly
  • Must have stable income

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