1. You Have No Other Financing Options

Not everyone can seek car financing outside of the dealership, as many lenders won’t let people with poor credit get a loan. Dealerships are the best place to go if your credit isn’t in the best shape, as dealers regularly lend to people in this situation.

2. You Want to Save Money

Qualified buyers can save a little money by applying for financing while Toyota is running certain promotional offers. You can access these promotional offers at the dealership. In early 2025, Toyota allows people to buy vehicles with interest rates below the national average.

For example, many 2025 models could be financed with 4.99 percent APR. This is below the national average car loan interest rate, which fluctuates but was over 6 percent in the last quarter of 2024.

3. You Definitely Want a Toyota

If your heart is set on getting a Toyota vehicle, then heading to the dealer for your loan is a great way to make sure you do get a car from the automaker of your choice. Sometimes outside lenders require you to shop from specific dealerships when getting a car loan, and those dealerships might not have any 2025 Toyota vehicles available.

If you definitely want a Toyota and don’t want to compromise, then dealership financing can help you avoid those limitations.

4. You Want to Save Time

Getting financing through the dealer gets rid of that annoying step of shopping around to find a loan with terms that are the best for you. The dealership sends your application to multiple lenders, so you get options without having to apply for loans from lots of different lenders.

5. You Hate Paperwork

Dealership loans are great for people who hate paperwork, as no shopping around means you only have to fill out a single loan application. There’s also very little paperwork to be done when finalizing the loan and car purchase. This saves time and lets you avoid doing a lot of something you might find tedious.

Come to New Rochelle Toyota in New Rochelle, NY, to discuss financing. Head to our website to check out our finance application and payment calculator.

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