4 Benefits of Getting Car Financing at Your Chevy Dealer

Choosing a make, model, trim, or color may be the first thing to come to mind when buying a new car. However, there are a few other things to consider, such as how you plan to pay for your purchase. And if you plan to finance the cost of your vehicle, obtaining car financing directly through your Chevy dealer offers some impressive advantages. Read on to discover a few benefits of letting Jennings Chevrolet’s finance department do all the work.

Competitive Rates and Incentives

When purchasing a new vehicle, most buyers want the car they love at a fair price. And a fantastic way to save a bit of money on your new car purchase may be by taking advantage of dealer incentives.

If you choose to finance through your dealer’s finance department, you have access to multiple lenders, competitive interest rates, and incentives-such as cashback-that can help you save on your purchase.

Convenience

The car buying process can seem a bit overwhelming at times. It can also be aggravating if you have to find time to submit loan applications to multiple banks and lenders while trying to find the best rates and loan options for your purchase. So why not let your dealer handle most of this for you?

Your dealer’s finance department offers the convenience of doing the legwork for you. They send your information to multiple lenders, work to get your loan approved and look for the best rates to make your experience as easy and quick as possible.

Grow Your Credit Score

Having a low credit score or no credit can be a challenge when trying to make large purchases or obtain credit. However, financing a new car purchase can be a great way to help grow your credit score.

Your dealer’s finance department can work with you to find the best financing options for your unique situation and help get your loan approved so you can purchase the vehicle you want. And, making your loan payments on time helps to build your credit, as well as build healthy financial habits.

Longer Loan Terms

If you are looking for longer loan terms that allow for lower monthly payments, then your dealership may be able to help.

Dealerships tend to have lenders who offer flexible loan options, such as 72 months, that may be harder to find with a traditional lender. Choosing longer loan terms allows you to have lower monthly payments that may better fit your budget. However, shorter loan terms are available for those looking to pay their purchase off faster. By working directly with your dealer’s finance department, they can help you find the loan that best fits your needs.

Purchasing a new vehicle can be quite an exciting experience, but it doesn’t have to be overwhelming. Our team works hard to make your car buying experience as simple and enjoyable as possible. Contact Jennings Chevrolet today to schedule a test drive in Glenview, IL and to find out more about the financing options that we have available.

Image by andreas160578 from Pixabay

Tags: car financing in glenview, car loans
Posted in Glenview Chevrolet Dealer, Jennings Chevrolet Service | No Comments »