Welcome to Our Financing Department
Our finance center is here to support your full purchase or lease experience in Wichita Falls, TX. Whether you're financing a new Volkswagen, exploring lease and finance offers, or setting up a payment plan for a pre-owned vehicle, we'll help you review options and choose terms that fit your budget.
Our finance specialists understand that every driver's needs are different. We'll walk you through available loan and lease structures, discuss down payment and monthly payment preferences, and help you complete the process-starting with our secure online finance application.
Finance tools & resources
- Apply for financing online to start your pre-approval.
- Trading in a vehicle? Use Value Your Trade for a quick estimate.
- Looking for current programs? Browse offers and incentives.
- Need help with questions along the way? Reach out through our contact page.
Why finance your vehicle at the dealership?
Finding a strong auto financing option is an important part of the car-buying process. Rather than researching lenders on your own, you can choose the convenience of arranging financing right where you shop. This can help streamline the purchase timeline and may also reduce overall costs depending on available programs. Here are a few reasons many drivers choose dealership financing:
Convenience
Convenience is a main reason many shoppers choose an auto loan through a dealership instead of arranging financing separately through a bank or credit union. Comparing lenders, rates, and terms on your own can take time-and approvals may take days.
With dealership financing, many customers can choose a vehicle, review terms, complete paperwork, and move forward the same day. You can also start from home by submitting our finance application before you arrive.
Easy approval
Banks and credit unions may have stricter approval requirements, which can make it harder to secure an auto loan if your credit history needs attention. Dealership financing can be a helpful alternative.
Because established dealerships often work with multiple lenders, we can help match you with financing options that make sense for your situation. Learn more about available options on our auto financing page.
More Flexibility
An auto dealership with a well-connected finance center not only has an easier loan approval process, but it also offers an extensive array of financing plans from many different lenders. Regardless of your preferred monthly payment or loan duration, you can easily get an auto loan that meets your specific needs. If you decide to get financing from a particular bank, you probably have only one or two types of loans to choose from and may have to settle for a less-than-ideal arrangement.
Higher Loan-to-Value Ratios
Another benefit of dealership financing is that it enables you to get a loan that's larger than the value of the vehicle you want to buy. A dealership may have a loan-to-value ratio of up to 115%, whereas a lender usually allows you to borrow at a ratio of only 90%. This is important if you don't want to make a substantial down payment or haven't paid off the loan on your current car.
Negotiable Interest Rates
Since dealerships specialize in auto financing, they know which lenders offer the lowest interest rates. As such, they can be more flexible when it comes to determining your rate. If you aren't happy with the original interest rate quote, the dealership may be willing to help you locate a lower rate as a way to provide a better overall car-buying experience. Banks and other lenders that provide loans as part of their day-to-day tasks may not have the time or resources to find the best interest rate for you.
Promotional deals
Dealerships may offer promotional programs throughout the year. Along with vehicle specials, service, and parts offers, you may also find discounted or factory-backed financing with lower rates or longer terms. Choosing an eligible program can reduce the overall cost of buying a car.
To view current opportunities, you can browse new vehicle specials and check offers and incentives.
Auto Leasing
Other than getting an auto loan, you also have the option of leasing a vehicle at a dealership. Leasing is becoming an increasingly popular choice among car shoppers because it offers a number of great benefits. In most cases, a lease comes with a much lower up-front cost because it often doesn't require you to make a down payment. It also results in monthly payments that can be more than 50% lower compared to purchasing a car.
If you opt for a 36-month or shorter lease, you'll typically have a valid bumper-to-bumper manufacturer's warranty for the entire duration of your lease. In some cases, you may get free maintenance for one or two years. Another thing that makes leasing an appealing option is that it allows you to drive a new vehicle once every two or three years. This means you'll always be able to enjoy the latest automotive technologies.
Get your ideal auto loan at Herb Easley Volkswagen
At Herb Easley Volkswagen, we understand that buying a vehicle is a major financial decision. Selecting the right auto loan or lease terms can help lower your overall cost of ownership and support long-term financial confidence. Our finance team works with drivers from all walks of life and can help you choose a solution that matches your needs-whether you're refinancing an existing loan, exploring options with challenged credit, or considering a lease.
If you're planning to include a trade-in, you can start with Value Your Trade. And for customers planning maintenance or repairs, we also offer helpful resources like service financing options through our service department.
For questions at any point in the process, connect with our team via our contact page.