What Auto Financing Options Are Available at Lupient Chevrolet?
Car Loan & Lease Options in Minneapolis, MN
Paying for a new Chevrolet is easy when you choose a loan or lease from Lupient Chevrolet near Eden Prairie, MN. Our experienced finance team works hard to help all customers get a loan or lease with a monthly payment that fits their budget. If you aren’t paying cash for a new car, don’t worry. The latest lease and loan deals at Lupient Chevrolet are designed to help every car buyer get the new or used car they want at a price they can afford.
Why Choose a Chevrolet Lease?
Car leases are known for their low monthly payments and attractive rates and terms. Before you agree to a lease, it’s important to know how they work. Leases are similar to long-term rentals, as drivers return the leased vehicle at the end of the term. The monthly payments are figured by subtracting the residual value (the value at the end of the lease) from the sticker price. Once the values are determined, interest is added, and the amount is divided by 12, 24, or 36 months - the most common lease terms.
Because leased vehicles are returned at the close of the lease, all leased vehicles have mileage, wear-and-tear, and customization limits. Exceeding the limits will result in fees paid at the close of the lease. If you stay within the limits, leases are great deals, especially as drivers get the newest vehicles with the latest technology and robust bumper-to-bumper warranties.
Benefits of Auto Loans for New & Used Vehicles
Auto loans from Lupient Chevrolet help drivers get into their favorite new or used cars. Our Lupient Chevrolet finance team finds the best loan terms and rates so drivers can have a car that fits into their monthly budget. They scour the local and national offers from banks and credit unions, and they use special programs from GM Financial.
Leases and loans are significantly different financial options. Leases have short terms and low monthly payments, but they also have limits. Auto loans have no limits, but they have longer terms and higher monthly payments. They also have more flexibility - especially as they can be used to buy new and used cars.
The Lupient Chevrolet finance team can help lower the monthly payments by increasing the term - and many buyers are turning to monthly payments for 72 and 84 months. Drivers with auto loans will own the vehicle at the end of the loan, but they can also sell their car before it’s paid off. The same cannot be said about leased vehicles.
Explore Your Finance Options at Lupient Chevrolet in Bloomington, MN
We invite you to browse the new and used vehicles for sale at Lupient Chevrolet in Bloomington, MN. Before you choose your next car, we recommend checking our vehicle specials for great deals on loans and leases. Use our convenient and secure online financing application to start the financing process.