When it's time to shop for a new vehicle, there are lots of options available to you. Sometimes, the choices can be quite overwhelming. Here at Simpson Chevrolet, we aim to simplify the process of choosing and financing a vehicle. Irvine, CA, area shoppers can expect to receive open communication and information tailored to their unique circumstances. Keep reading for an overview of the Chevrolet finance services we provide.
Our Finance Department
Our team of experts is automotive finance professionals. They have the experience and the know-how to help you obtain financing terms that are most beneficial to you. We want to ensure our Santa Ana, CA, Tustin, CA, and beyond customers drive away satisfied with their entire shopping experience. We work with a number of lenders in order to offer a broad array of financing options and terms. We can also help you decide whether a loan or lease is best, based on your preferences and priorities.
The Affordability of a Lease
If one of your top priorities is saving money, a lease may be your best option. Leasing a new vehicle allows you to pay for just the cost of depreciation that occurs over the course of the lease, making average monthly payments quite a bit lower than those of an automotive loan for the same vehicle. This may allow you to drive a more expensive vehicle than you could through traditional financing. Leasing can also save you money when it comes to the cost of upkeep and repair since you'll be driving your leased model for only two to three years on average. These early years tend to be the most trouble-free.
In addition, many leases come with extensive warranties, so you'll be covered in the event something does happen. Leasing also offers the convenience of simply returning your vehicle at the lease end, with no obligation to sell or trade it in. Though, if you prefer, it may be possible to purchase your Chevrolet model at that time. Do keep in mind that most lease agreements come with provisions regarding the number of miles you can drive each year without penalty. You may also be charged for any damage beyond anticipated wear and tear.
Benefits of Conventional Financing
Obtaining an auto loan through conventional financing may come with higher monthly payments, but it still remains a popular choice for many Orange, CA, and Costa Mesa, CA, area drivers. When you buy your vehicle, you needn't concern yourself with mileage limits or condition requirements. This is good news if you travel a lot for business or enjoy taking frequent road trips. The ability to build equity as you continue to make timely monthly payments can also be quite appealing. Having a trade-in on your next vehicle purchase can be quite advantageous. If you decide you no longer need this vehicle or prefer to get a different model before your contract is up, no worries. You can sell or trade it in at any time. On the other hand, the ability to drive payment-free for several years is also a strong motivator for many car buyers. Financing a new Chevrolet has several advantages, depending on your priorities and financial situation.
Apply for Chevrolet Finance
We hope this information has helped put you at ease when it comes to financing a vehicle with us. If you're ready to begin the process, you can apply for financing online, right from the comfort of your own home. With your application in hand, our finance team can work with you to tailor a package that best suits your needs, saving you time at the dealership. When you visit us at Simpson Chevrolet, you can focus on exploring our inventory and test driving models of interest.