We believe the best available rates on the market today are at Zeck Chevrolet’s financing department. We know auto loans top to bottom and can help you find the quality rates you need. All aspects of the loan will be covered and reviewed by specialists to help you get a pre-owned or new Chevrolet in your driveway today. Feel free to review the list variables that we factor in to find you the best possible financing options.
Ability to Work with the Community
Zeck Chevrolet’s financing is more than happy to work with your local bank. It’s even possible that we already do, you just have to ask. Additionally, we are a top ranked USAA dealership. We have a great deal of experience working with our nation’s military personnel and armed forced professionals. We believe Zeck Chevrolet is Purcell’s finest Chevrolet dealership. It would be our honor to help you find a vehicle.
Free credit scores are available to you from these three credit reporting agencies: Experian, Equifax, and Transunion. Your credit score is good starting spot to begin building your financing options. Credit lenders use credit scores to get a good idea of your potential to repay the approved loan. We work with applicants that have good and not-so-good credit. Most importantly, we find the lending option that works best for your budget.
Calculating the Loan
Many factors are involved in finding the correct financing options for a large purchase such as a vehicle. One of the first things factored into a loan is the applicant’s debt-to-income ratio. This number states the amount of money you earn vs. the amount of money you currently owe. A person must be able to comfortably make loan payments without other debt obligations interfering.
Once a debt-to-income ratio has been verified, the down payment amount must be established. A higher down payment will provide additional financing options because it will decrease the total amount of money required to be paid in a monthly. Zeck Chevrolet’s financing department will help you sift through the details and arrange a great financing option today.
Vehicle Condition
The condition of the vehicle is taken into consideration by the lending company. A lender likes to be confident that the vehicle is worth the amount of money being lent. At Zeck Chevrolet, all of our vehicles are fairly priced and currently in line with lender expectations. Our dealership will ensure you get a fair price and a great financing option so you don’t have to worry.
Loan Life
The life of the loan can be decided based on your ability to make monthly payments. A longer-life loan typically means that the payments will be lower per month, but the amount of interest over the life of the loan will be more. If you would like to pay off your loan at a faster pace, shorter-term loans can be arranged with a higher monthly payment and lower total interest for the duration of the loan. Either way, these are all things that can be discussed at your visit to the finest Oklahoma area Chevrolet dealership – Zeck Chevrolet in Purcell, OK.
