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Offering Lower Down Payments

Loosing a good sale and watching people leave the car lot, because the lender requires more cash down than they can afford. It doesn't have to be this way.

SOME not every bank or lending company are connected to other lenders that may be able to help. Example: Westlake finances cars with a minimum down payment. They have a 'sister-company' Wesern Funding the does NOT require a minimum down payment. Adding this option keeps the customer working with you to secure their next new-to-me car.

We found every Trusted Used Car Dealer has more than one option to get a customer financed.

DMS (Dealer Management System) like CAPS only submits to ONE lender.

DMS (Dealer Management Systems) like DealerCenter or DealerTrack send your customer application to multiple lenders at the same time. Several lenders like Westlake and Western Funding using DealerCenter and DealerTrack do not always require human approval. Trusted Dealers receives automated approvals from several lenders. You have an approved offer seconds.

Buy Here Pay Here Dealers can use lenders with no down minimum down payment to capture the used car buyers who do not meet their in-house minimum requirements.

Used Car Lot Trusted Dealers can receive personal help with Lower Down Payment lenders

Become a Used Car Lot Trusted Dealer

Become A Used Car Lot Trusted Dealer

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Capital One Credit Acceptance
Credit Union Lobel Financial Nicolas Financial
Santander United Acceptance Wells Fargo
Western Funding Westlake Financial
In House (Buy Here Pay Here)
Would Like to Offer Financing

 

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