You should definitely listen to your inner voice always, because if you feel that the offer which you just heard about the auto credit finance is too good to be true, then your inner voice is absolutely right, it sure is too good. So what we are talking about here is the guaranteed auto credit. Well, these complex sounding terms, but comfort to the ears, are just that, meant only to entice you as a part of the company’s marketing gimmicks, so do not fall for them. The guaranteed auto credit finance is more often than not, made in to use by the dealers who claim to give you the best deals on their own cars. Do not fall for the trap, they are just charging you higher rates and so are luring you to bite the bait with the term guaranteed.
If you take the trouble of just surfing the net, you will come across scores of better deals. The reasons to opt for these deals on the net are numerous. The online deals are definitely very much cheaper when you compare the rates of interest on both the deals, you will find a major range of disparity among the rates. Why would you want to pay more, any way?
Another reason is that the online deals are always some thing better than the offline ones; this is because the dealers always have access to the special offers, which are not disclosed to general public at all. So that makes you accessible to the special and unique deals, which are cheaper too.
Another major reason to avoid the self financing car dealers is that they certainly have higher rate tags attached to the cars. This is because they do not have the overseeing and regulations by any of the loan companies, because as is obvious, they are financing it themselves. So that means that they are doubly charging you through all possible means. They charge you more for the car and also more for the loan on the car. Where does that leave you?
The usually employed valuation guides such as Kelley Blue Book and NADA are not taken in to account and the broker can charge as to a large extent for the car as they fancy. The cars at these self finance dealers may be priced thousands of dollars extra than their market price. So the message is loud and clear- Stay away from these predators.