Finance at Vic Canever Chevrolet, Inc. in Fenton, MI
Financing remains the common way for customers to purchase a new or used Chevy car, truck, or SUV. Financing involves taking out a loan, often facilitated by a dealership, to pay a monthly amount going toward the eventual ownership of the car. Vic Canever Chevrolet, Inc. in Fenton, MI, is dedicated to helping shoppers drive away with their preferred Chevy model, and a financing deal could make that possible.
Chevrolet has options for all Grand Blanc shoppers. The Chevy Malibu, Silverado 1500, Blazer, and Traverse are just a few of them.
- Main:(810) 629-3350
- Sales:(810) 208-2045
- Service:(810) 637-4176
- Parts:(810) 629-3350
- Mon, Thu9:00 AM - 7:00 PM
- Tue - Wed, Fri9:00 AM - 6:00 PM
- Sat10:00 AM - 2:00 PM
- SunClosed
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 financing is always an option.
Criteria for Loan Approvals
Each individual borrower's situation is different, but there are some standard criteria that lenders examine before approving auto 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, Hartland 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.
Chevy Lease Deals
Although leasing contracts do not involve taking out a loan to pay for a car, taking out a Chevy vehicle lease involves credit checks, down payments, and even 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 financing options.