Car buyers with good credit typically have a better chance of obtaining credit approval from traditional finance companies than car buyers with bad credit or no credit. As a result, car dealers who offer subprime auto financing have the opportunity to increase their customer base by being able to offer more credit approvals.
On top of being able to help credit-challenged consumers get approved to purchase a vehicle, another benefit of offering subprime financing is putting consumers with credit problems in the position to improve their credit scores by making on-time car payments.
Becoming an enrolled dealer in the Credit Acceptance auto finance program is an effective way for you to serve more customers and ultimately grow your business. If your dealership is interested in learning more about offering subprime auto financing, sign up now to enroll in the Credit Acceptance program today!