How to Finance Your New Chevrolet

Buying a new car is exciting, but the financing process can be stressful. With a few helpful tips, you can have a stress-free financing process and drive away with a new Chevrolet in no time. The Lupient Chevrolet team works hard to make the car buying process relaxing and enjoyable by sharing helpful tips on financing your next car, truck, or SUV from Chevrolet.

Check Your Credit Score

The financing process begins with your credit score. The amount you can finance and the details of the loans or lease package will be more attractive if you have a high credit score. Before you start the Chevrolet financing process, get a free credit report to learn about your credit score. If you see errors on your credit report, contact the credit bureau to repair them. You can save thousands of dollars in interest and fees with a high credit score.

Pay Attention to the Financing Terms

It’s also important to pay attention to the amount you are financing and the terms of the deal. A lender is likely to offer attractive Chevrolet finance rates if you prove to be a low-risk borrower. If you finance a large amount, national and local lenders near Minneapolis will give you higher interest rates and more dealer fees. You can improve the deal by choosing a vehicle with rebates and incentives from Chevrolet and Lupient Chevrolet near St. Paul, MN.

Put As Much Down As Possible

You can also reduce your Chevrolet financing deal by putting as much cash down as possible or using cash to pay for dealer fees. If you don’t pay the dealer fees in advance, they’ll accrue interest in your monthly payments throughout your car loan. If you have an older vehicle to trade in, the value can be applied to your down payment to reduce your financing package.

Get Pre-Approved Through the Dealership

Another helpful way to reduce the stress of buying new Chevrolet vehicles is to get pre-approval for a loan or lease. Lupient Chevrolet offers a pre-approval process through our online financing application. Before you begin car shopping, complete the application on our website to see how much you are qualified to borrow.

We also offer a loan calculator so you can estimate your monthly payments based on the price of the vehicle you want. It’s helpful to get an accurate picture of what you can afford and what cars fit your budget.

Finance Your Chevrolet at the Dealership In Bloomington, MN

Lupient Chevrolet offers low prices and affordable Chevy deals on vehicles like the Chevrolet Silverado, Blazer, and Bolt EV. Our sales team can help you choose the model with your favorite features and options, and our finance team can build a loan or lease deal with affordable monthly payments.