HOW TO GET APPROVED FOR A CHEVY LOAN

June 10th, 2021 by

Applying for Chevy financing to get a car loan can be tricky, but with the help of our team at Patriot Chevy of Warminster, it doesn’t have to be. Our finance team is dedicated to helping you get the best deal possible on your new Chevy car. That’s why we put together some of the best tips for getting your Chevy loan approved.

Know Your Credit Score

The best way to get approved for a loan is to be aware of your financial situation. With sites like Equifax, you can learn about your finances and discover your credit score.

Your credit will play a large role in determining whether or not you qualify for a loan. The higher your credit score is, the easier it will be to secure a Chevy loan.

Set a Clear Budget

Now that you know your credit score, take a look at your finances and see how much you can really afford. Be sure to account for other costs like insurance, maintenance, and other fees associated with owning a car.

Our dealership recommends spending no more than 10 percent of your gross monthly income on your car payment.

Apply Online

Did you know you can get pre-approved for a loan before you visit our dealership? On our website, you can apply before your appointment and see how much you actually qualify for.

We recommend doing this so you can gauge your loan amount. If you cannot acquire the car you want for the amount you’re pre-approved for, you may want to consider a different model that better aligns with your budget.

Finalize the Deal

When you’re ready to start the paperwork, bring a valid driver’s license, proof of income, and tax return to our dealership. Our team will draw up the paperwork so you can secure your new Chevrolet loan.

Want to learn more Chevy financing tips? Meet with our team of experts at our Chevy finance center. We hope to see you soon!

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