Car dealerships are the place where you buy your next vehicle, whether it’s a new or used car. They sell cars, service them and help customers finance their purchases. They are a vital part of the auto economy and have become an essential part of our daily lives. Car dealerships are a great way to shop, browse and research vehicles without having to leave the comfort of your home. Online shopping is growing in popularity, but buying a car from a dealership offers several benefits to consumers that can’t be replicated online.

One thing that most people don’t realize is that car dealerships actually make money on the financing of a purchase. Since car dealerships buy in bulk, they can offer lending institutions the same discounts that are usually reserved for large businesses and individuals, such as a credit union or bank. They also have the ability to negotiate lower rates than you or I can. This is a big reason why it’s important to get pre-approval on your loan before you head to the dealer.

Another thing that most people don’t realize is how much time it takes to complete a car transaction. The average car sale takes about four hours. This is because the dealer has to run your credit, get your loan approved, appraise the car you’re trading in and figure out how much to pay for the new car you’re purchasing. Car dealers also have a limited amount of space to park cars and often have them stored on satellite or “overflow” lots. car dealership

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