Is Using an Auto Broker a Good Idea?
- August 20, 2021
- Uncategorized
- Posted by mangoboss
- Leave your thoughts
Buying a car can eat up a lot of time. Shopping around, calling, and negotiating with sales and finance staff can be a hassle.
An effective way to purchase or sell your car while trying to get the best deal is by using a professional auto broker. Brokers deal with sourcing new & used vehicles, lending institutions and finance & lease programs on your behalf. It is likely that you will have a better outcome using an auto broker instead of dealing with professional dealership and finance staff on your own.
Here are some points to help you decide weather or not using an car broker is a good idea.
How Auto Brokers Help With Price
Purchasing or selling a vehicle is one of the biggest transactions many people make other than buying a home. On average, each individual purchases a vehicle every 6-8 years throughout their life. Auto brokers on the other hand facilitate multiple transactions weekly which gives them more buying power than the average car shopper. An auto broker is almost always able to secure you a better price because of having a more consistent relationship with dealers, wholesalers, and large vehicle lots.
Much like other brokers, auto brokers help with purchasing or selling a vehicle, similar to hiring a mortgage broker or electrician to facilitate a better outcome instead of tackling the task yourself. Auto Brokers ensure that you are purchasing a safe vehicle and can keep their clients away from making mistakes and possibly wasting money. Effective auto brokers also have access to all manufacturers special rates for leasing and financing, as well as all internal and special lending programs. If there are no competitive finance and lease rates offered by the dealer, they can source the best rate available elsewhere for you.
How Drive Mango can be an Effective Auto Broker Solution
we at Drive Mango have access to all manufacturers special rates for leasing and financing, as well as all internal and special lending programs. If there are no competitive finance and lease rates offered by the dealer, we source the best rate available elsewhere for you. This is done by years of experience in the auto industry and the connections made with lending institutes over the years.
Do you have Lower than Average or Bad Credit?
If so, using our service is a much better method of buying vs going into the dealership on your own. Drive Mango has access to multiple lending programs and a massive selection of vehicles which means we can get you approved at a lower interest rate without harming your credit by shopping around. Dealing with multiple sales reps increases your chances of harming your credit, an effective way of getting around this is by dealing with one auto broker instead.
Will my car come with Warranty?
Any new vehicle we are able to assist with will come with a manufacturer’s warranty which is honored by all dealerships belonging to your vehicle’s manufacturer. If you plan on keeping your car for a long time, we can assist you with an extended warranty from the manufacturer. If you are purchasing a used car and would like warranty coverage for peace of mind, we have multiple programs which can keep your vehicle covered.
How we Work!
Wondering how our process works for you?
Our Simple Process is simple:
- Fill out our Survey to let us know your budget and the type of vehicle you are looking for
- Get Connected and our team member will ask you additional questions to get you approved
- Take a look at our financing options
- Schedule a test drive and vehicle inspection
