3 Reasons You Should Buy a Mitsubishi from an Authorised Dealer

If you’re thinking about purchasing a new car, you’ve no doubt weighed up whether to buy new or go with a used car. Regardless of what decision you make, it can be a smart move to buy from an authorised dealer. There are hundreds of Mitsubishi dealers all over Australia selling quality new and used cars and you can always find the right deal. Let’s take a look at a few of the reasons you’d choose to buy from a local authorised dealer.

Convenience

With so many Mitsubishi dealers around, it’s highly likely that you have one very close by to where you live. But distance isn’t the only factor that makes buying from a dealer convenient, it’s also the fact that you know what you’re getting when you go there. If you’re in the market for a Mitsubishi, you know that the best place to go is your local dealer; you don’t have to research online or call around, you just head over and chances are you’ll find what you’re looking for.

Servicing and Warranties

While Mitsubishi provides a 5-year warranty across the board on all new cars, specific Mitsubishi dealers often have throw-ins and goodwill services that may not be available if you buy elsewhere. Vehicle manufacturers will often be more inclined to look after people that have decided to buy a Mitsubishi car.

Buying from a local dealer will also establish a connection for future servicing. In fact, you may find that you can bargain to have x number of services included when you make the purchase. The service centre will know your car better than anyone having sold it to you and being Mitsubishi experts and will have greater access to genuine parts.

Availability

Generally, a Mitsubishi authorised dealer is going to have more models in its showroom or parking lot than other non-specialist car dealerships. If you’ve got your eye on a particular model in a particular colour with a particular interior, you’ve got a much better chance finding it here than anywhere else. And even if it isn’t available that very day, chances are the exact model can be there very quickly.The same goes for used cars; authorised dealers will generally have a greater variety on hand.

 If you’re sure about which Mitsubishi you’re after, a local dealer is certainly your best bet.

These are a few of the reasons you may choose to buy from a Mitsubishi dealer. You can always jump online and check out our 2017 range by visiting chadstonemitsubishi.com.au today, or simply pop into our showroom to say hi and have a look around!

Mitsubishi Car Financing Options: Bank or Dealership?

Whether you’re looking at buying new or used, buying a car can be quite expensive for the majority of people. Ideally, you’d make the purchase in ‘cash’, with money you are already in possession of, but unfortunately, this is not a realistic proposition for a lot of buyers. Instead, some sort of car financing is necessary, where the money is essentially borrowed from a financial institution to be paid back at a later date. Obviously, if you are going down this track, it’s important to consider both options and find out which is the most cost-effective and convenient option given your specific situation. This article will take a look at some of the main differences between the two and why you may go one way or the other.

Financing Through a Dealership

Generally speaking, the main benefit of financing through a dealership is the speed at which it all gets done. It’s quick, it’s convenient and it allows you to drive the car right out of there without further discussion.  

If you are borrowing through a bank or financial institution, you will need to have this all organised prior to heading to the dealership if you want to make it happen that day. Particularly when it comes to used cars, it’s not uncommon to see an interested party have to walk away from a deal because they have yet to procure financing, only for the car to be sold a day later to someone else. In fact, this is the main reason dealerships offer financing, as a service to customers that are in need of it then and there.

Financing Through a Bank

That said, there are clear benefits that come with going through a bank. Buying a car is not something you necessarily want to do impulsively and without thinking it through. So in some respects, it can be advantageous to organise financing before you visit the dealership. This way you have a good idea of your budget and you’re less likely to overstep it. Further, if you have a good relationship with the financial institution, you may be able to procure a slightly lower rate than you would under other circumstances.

It’s also worth mentioning that when you are working directly with the bank, you may have more leeway with late repayments, etc. given that you have an existing relationship with them.

Other Differences

When we speak about the differences between the two means of financing, we need to speak in generalisations, as every dealer and bank is different and is going to offer different rates depending on any number of factors.

However, a lot of the time this is going to be a situation where the dealership is going to a bank to provide the service to you. The dealership is essentially a reseller of the loan, and often this will mean there is a markup price on what you could get by going to a bank. After all, they need a cut of the interest repayments to make it worthwhile.

However, it isn’t always this clear-cut. There are situations where you’ll find significantly better rate when going through a car dealership.  You can, for instance, get a great deal on financing for certain cars if the dealer is trying to move stock, often getting a better deal than what you’d get from a bank. It’s not uncommon to see dealerships offer special promotions, with 0% interest for the first year, for instance. This simply doesn’t happen when going through a bank.

Furthermore, some dealerships will essentially do the leg work for you, shopping around to find the best rate for you. This enables them to offer a number of deals from which you can choose from – Mitsubishi finance deal, for instance, is particularly flexible and can be negotiated.

Our advice would be to do your homework and research as much as possible. There are good reasons to choose to go through either a car dealership or a bank but to get the best Mitsubishi finance deals you have to search and know what you’re looking for. Make sure when you’re looking at different rate options that you are comparing apples to apples. Check that there are no hidden fees (dealerships may try to sneak this in), be sure about the duration of the loan and read the fine print and you give yourself the best chance of getting cost effective car financing.