Finance at Vic Canever Chevrolet, Inc. in Fenton, MI

APR and Credit

Financing a Chevy comes with terms and conditions and a specific APR. Some applicants may receive a standard APR rate, and some might receive a higher or lower rate based on their credit history and other financial information.

An applicant with a weak credit history or low score might receive a higher APR, but there is always a way to work payments into a tight budget. Many lenders will work with troubled borrowers, so car financing near Linden is always an option.

How To Qualify for Chevrolet Auto Finance in Fenton

Qualifying for car financing near Linden is easier than you might think. Our dealership works with a variety of lenders to ensure you get the best financing terms available. To improve your chances of getting approved for Chevrolet auto finance in Fenton, here are some things that can help:

• Proof of Income: Recent pay stubs or other proof of stable income
• Good Credit Score: A higher credit score can help you secure better rates
• Valid ID and Residency Information: A driver’s license and proof of residence
• Down Payment: While not always required, a down payment can reduce the total loan amount

Car Financing Near Linden: Criteria for Loan Approvals

Each borrower's situation is different, but there are some standard criteria that lenders examine before approving new or used car financing. Ultimately, the lender wants to feel confident the borrower can pay for the loan.

A lender near Flint might examine the borrower's debt-to-income ratio, monthly expenses, and income. Don't overlook the importance of down payments and trade-ins, either. A cash down payment and an older vehicle trade-in reduce the remaining purchase price of the new Chevy. That means the amount of the financing will be lower than would be the case without putting any money down.

Filling Out the Application

Whether you're from Linden or Holly, Argentine or Grand Blanc, completing our financing application thoroughly and accurately will help move things forward smoothly. Applying online makes the process even easier and more convenient when trying to secure new or used car financing.

Chevrolet Auto Finance in Fenton: Chevy Lease Deals

Although leasing contracts do not involve taking out a loan to pay for a car, a Chevy vehicle lease involves credit checks, down payments, and trade-ins. Of course, the lease comes with a monthly payment and an APR rate. When the lease term ends, the lessee could buy the vehicle through a financing deal.

Visit Vic Canever Chevrolet, Inc. near Holly, MI, to learn more about your new and used car financing options.