Finding Connecticut car loans isn't always the easiest task, but as a car dealer, you'll want to make the process as smooth as possible for a potential buyer. Help your customers find financing options no matter what their financial circumstances are.

While your vehicles will get the customers on the lot, the financing options you provide will often seal the deal much faster than any custom options a car may or may not have. If you provide several good options for customers to find a good deal on auto finance, CT buyers will keep coming back. More importantly, they'll start telling their friends and relatives about the great deal they got at your dealership.

1. Offer financing options from both local lenders and national organizations.

2. Suggest Connecticut auto loan options with a variety of terms, interest rates and other incentives to meet any customer's needs.

3. Keep your financing list up-to-date by staying in contact with lenders on a regular basis.

Action Steps
The best contacts and resources to help you get it done

Shop for the lowest interest rate car loans in CT

Do the work for your customers. If you want customers to think of you as a friendly dealer who goes out of his way for customers, you need to make sure you are finding the lowest Connecticut automotive finance rates the bank has to offer. Establish a relationship with several local and national banks to keep up-to-date on their latest interest rates and information.

I recommend: View state-wide auto loan rates at Connecticut Banking Rates. Check out the auto financing rates at Connecticut Bank and Trust Company, or find a local bank at Connecticut Bank List.

Find Connecticut auto financing for first-time or bad credit buyers

While a bad credit buyer would be better off researching and finding a loan before coming to you, that's not always the case. If first time buyers or bad credit buyers come looking for a new car and financing, make sure you have several options to help them work out a deal.

I recommend: Get loans for first time buyers from either Bank of America or New Alliance Bank. Both offer auto financing in Connecticut with competitive rates for buyers with no credit or bad credit.

Utilize a one-stop Internet resource for your customer's Connecticut auto loan

If you're having trouble finding an option that meets the needs of a potential buyer, try using a national loan search engine that does the work for you. You'll need your customer's permission and financial information, and you can fill out the online form in the office while he waits.

I recommend: Get comparable quotes for CT auto loans from Lending Tree, or compare rates at Credit.com.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Hiring one person to deal solely with all the financing of vehicles is a great way to keep the dealership running smoothly. A finance manager can provide customers with expertise and experience to find CT auto financing.