Top five reasons why dealer finance works for customers

22 November 2024 Dealer and Customer News Read time 3m
a motor dealer and customer signing a contract

Share

  • Approval - As the finance company retains ownership of the vehicle until the final payment is completed, this security increases the likelihood of individuals being approved for financing, as compared to a personal loan. 

 

  • Convenience - Customers can visit a car dealership, choose a vehicle and discuss finance options with a specialist, all in the same place. 

 

  • Payments - The interest and monthly payments are fixed at the outset, making budgeting easier. 

 

  • Acceptance - People with past credit issues or no credit history are more likely to be accepted for motor finance than with a personal loan because of the secured nature of the agreement. 

 

  • Reassurance - Car dealers offering finance are credit intermediaries authorised by the Competition and Consumer Protection Commission (CCPC).
Dealer spotlight - Bill Griffin Motors

Dealer spotlight - Bill Griffin Motors

Bill Griffin Motors traces its heritage back to the original Griffins Garage which opened on the Naas Road in the 50s. They sell and offer a full warranty on every vehicle.

25 March 2025 News 3 minute read

Western Motors, Close Brothers Motor Finance dealer of the month

Western Motors, Close Brothers Motor Finance dealer of the month

Kevin Cassin, Business Development Manager alongside Donal Murphy Managing Director from Close Brothers Motor Finance proudly awards the prestigious February 2025 Dealer of the Month title to Brian McCallion, Business Manager at W

25 March 2025 News 3 minute read

Get paid faster: same-day payout in 2025

Get paid faster: same-day payout in 2025

Leinster Motor Group is a quality used car dealership based at the Red Cow Interchange, Clondalkin, Dublin 22. They have over 20 years experience in the motor trade and are fanatical about service.

14 January 2025 News 3 minute read

Dealer spotlight - Leinster Motor Group

Dealer spotlight - Leinster Motor Group

Leinster Motor Group is a quality used car dealership based at the Red Cow Interchange, Clondalkin, Dublin 22. They have over 20 years experience in the motor trade and are fanatical about service.

05 December 2024 News 3 minute read

Dealer insights, your feedback - drive changes

Dealer insights, your feedback - drive changes

Earlier this year we commissioned independent research agency Ipsos BandA to speak to our partners to get a real understanding of their views of the industry and here's what we found.

26 November 2024 News 10 minute read