5 Benefits of Nissan Financing

Mar 20, 2024

From color to body style to powertrain, there are lots of car-buying decisions. You also need to decide how to pay for it. Our Nissan finance experts are highlighting financing perks at Nissan of Cookeville.

You Don’t Have to Dip into Your Savings

Parting with a large lump sum of money at once can be daunting. By financing, you can pay off your vehicle over time. That way, you can keep your money in savings, so you’ll still have it for emergencies.

You Could Afford a Better Car

If needed, you can extend an auto loan up to seven years. Your budget could change considerably when you consider that fact. This could give you the opportunity to buy a newer car or one with better features.

It Can Help Your Credit Score

We know that it seems counterintuitive, but a car loan can actually help your credit score. You may see an initial dip in your score when you first apply. However, by diversifying your credit mix and making regular on-time payments, you’ll improve your score over time.

You Aren’t Restricted

There are notable advantages to financing versus leasing as well. For starters, financing doesn’t include the same restrictions as a lease. You can customize your vehicle and drive it as much as you’d like.

You’ll Have an Asset

You also have the huge perk of eventually owning a financed vehicle. When leasing, you have to return your vehicle at your lease end. A financed vehicle, on the other hand, is your own asset after your loan is paid off.

Apply for Nissan Financing in Cookeville, TN

We have a streamlined financing process at Nissan of Cookeville. With our circle of trusted lenders, we can help you secure a competitive loan in no time. Stop in to get started today!