Lochmandy Chevrolet of Bremen Auto
Financing FAQs
Financing a car is easy when you work with Lochmandy Chevrolet of Bremen. Why? Because our team of experts know the ins and outs of the process no matter what your situation is. If you're debating whether to buy vs. lease a car or you aren't sure what sort of car payment plan you can afford, we're here to help.
To give you a better idea of the auto financing process, the team at our Chevrolet dealership in Bremen has addressed some frequently asked questions aboutauto financing. We cover everything from credit score information to details about subprime financing and more. And if you still have questions after taking a quick read of this page, we're here to help you every step of the way!
01
Should I Buy or Lease a Chevy?
Buying vs. leasing a car depends on a variety of factors, ranging from the monthly payment amount you're comfortable with to how long you plan to have the car. For example, if you like to upgrade to a new ride every year or two, leasing a car is the probably the best option. However, if you plan to have your car for many years, financing a car is your best bet.
Ask our Chevy finance team about the latest Chevrolet lease terms and auto financing rates we're offering, so you can make an informed decision about what's best for your budget and lifestyle.
02
What Credit Score Do I Need for Chevy Financing?
Typically, a "prime" score, which is usually about 670 or higher, is considered to be ideal for auto financing. That being said, car-shoppers with low credit scores or no credit history can still get auto financing, just often at a higher interest rate.
To see what interest rate you can qualify for, apply for financing with our team and we'll help you shop up your options.
03
What is Subprime Financing?
Subprime financing is a solution for shoppers that have a low credit score or no credit history. It's a way for you to get the keys to the vehicle that you need, even if you haven't had a chance to build up your credit score. Plus, when you make on-time payments, it's a way to repair a damaged credit score.
Here at our local Chevy dealer, we work with all sorts of shoppers, from first-time car-buyers to folks with challenging credit, so don't be afraid to reach out to us. We'll help you review your subprime auto financing options today!