Does Chevy Have Zero Percent Financing Right Now?
Buyers with good credit can often obtain zero percent financing for Chevy vehicles.
Are you in the market to purchase a brand new Chevy vehicle, but have been worrying about how you’ll be able to afford to cover the cost of monthly installments? If this is the case, there may be situations where you’ll be able to qualify for a zero percent financing deal from your local Chevy dealership.
Always Read the Fine Print
You may be thinking that you’re getting an excellent vehicle financing deal because you won’t be paying any interest. However, it’s essential that you read through all of the fine print before signing any related paperwork. For example, with a zero percent financing deal, you may not be able to repay your installment off ahead of time. Some dealerships that offer deals like these may also require you to only service your vehicle at their dealership until such time as the vehicle has been paid off in full.
Qualifying Criteria
Unfortunately, not everyone will be able to qualify for zero-percent financing from their local Chevy dealership. This is especially true if they have a lower than average credit score or a sketchy employment history, for instance.
In most cases, you’ll need to have a stable employment history and a good credit score to qualify for financing deals like these. At the time of application, you will normally also need to provide proof of employment, proof of regular income, proof of address, and some form of photo identification. Sometimes, additional bank statements may also be required, but your salesperson will provide you with a full list of what you will need to supply when applying.
Reviews are Important
Although you may have fallen in love with a specific vehicle model because of its appearance and the zero-percent financing deal, it’s crucial to read as many reviews as possible before making your final decision.
Some vehicle models tend to be more problematic than others, while others may have higher gas consumption rates than you’d be willing to pay for overtime. As such, you must ensure that you research the model you’d like to purchase before signing any paperwork. After all, you wouldn’t want to be stuck paying for a vehicle that is in the repair shop more often than it can be driven – especially if you’re still paying for it.
Another aspect to check when reading reviews is the dealership itself. Some dealerships are well known for offering better service than others, for instance. If a specific dealership only seems to have negative reviews, you will more than likely be better off purchasing your Chevy elsewhere.
Once you’ve managed to obtain a zero percent financing deal for your new Chevy vehicle, it’s essential to ensure that you obtain copies of all of the paperwork. This must be stored in a safe place until such time as the vehicle is fully paid for. After obtaining your new Chevy, you must also ensure that you adhere to the service intervals that have been set out by the dealership.