Thinking of buying or refinancing a car, truck, RV, or boat in 2021? Let PayLow Rate help you find the lowest rate on your new vehicle loan. Most people get their financing through the dealer where they purchase their vehicle, but aren’t aware of the hidden fees and costs that come with that. At PayLow Rate, we believe in transparent pricing so you know exactly what you are getting and we work with a network of lending partners to get you the lowest rate possible at no cost to you. Here’s how:
We don’t mark up lender rates. When you finance through a dealer, they will typically mark up the rate, sometimes by as much as 2.5%. This means if you walk out of the dealer with a loan at 6%, you might have been able to get the rate for as low as 4% from the lender. At PayLow Rate, we don’t mark up the rate from our lending partners, so the rate they offer is the rate you get. This means we can usually beat the rate you would get at a dealer, saving you money every month!
We partner with multiple lenders. If you wanted to go to your bank directly to get financing for your vehicle loan, you could potentially miss out on other competitive offers. We work with a network of lenders so we can save you the time and trouble of shopping around and visiting multiple banks. Let us do the heavy lifting to shop the lowest rate!
We get special loan rates not available to individuals. Even if you wanted to shop around multiple lenders yourself, you still would not have access to the low rates that are available to us at PayLow Rate. As a brokerage, our lenders know they have to compete to get your business, so they provide us with rates that are lower than what is available to individual borrowers.
Whether you are making a new vehicle purchase or want to get a better rate on your current vehicle loan by refinancing, you can expect to save with PayLow Rate! Visit www.paylowrate.com/apply-now to get started and find your best rate today!