Blog

Purchasing a new vehicle is a major investment, but at Burns Chevrolet, you can leave the lot knowing you got the best deal possible. Our finance specialists are here to help, ensuring you cruise home with confidence – and the car of your dreams! more Trading in your vehicle is a great way to put some money in your pocket before you purchase. Remember, the more money you put down, the less money you’ll need to borrow! In fact,  there are several benefits to making a larger down payment, including: Lower monthly payments Better chance of getting approved for a loan Lower loan rate/annual percentage rate (APR) Lower amount paid in interest over time Increased equity in the vehicle Keep in mind that the ideal down payment on a new car is 20%, or 10% on a used car. For example, putting 20% down instead of 5% means you’ll offset more of the car depreciation. Here at your trusted Chevy dealership in Rock Hill, South Carolina, our finance experts will walk you through the entire purchase process. We’ll customize a payment plan with your budget in mind – no matter your credit score! Read on to learn more. Time To Trade in Your Vehicle? Trading in your car and then trading up to a new one is a great option. Burns Chevrolet will offer more than ever before for your vehicle, paying you top dollar that can be used toward the down payment on your next vehicle. This can be especially beneficial for car buyers with lower budgets or less than ideal credit scores. Even car buyers with poor credit are often required to put some money down, typically around $1,000. This payment requirement decreases the lender’s risk and proves that you’re prepared to pay the monthly payment amount. We can even help if your trade-in has negative equity! Get an estimate online with appraisal sites like Kelley Blue Book, NerdWallet or Edmunds. Click here to access our Edmunds estimate tool or stop by for a quick, easy appraisal today! If you’re not interested in selling your car, your down payment can also be paid in cash. Or choose a combination of cash and trade-in equity! Either way, the larger your down payment, the lower your loan amount! Contact Our Auto Finance Center In Rock Hill Today! Ready to lease or buy a new Chevy? We’ve made financing simple here at Burns Chevrolet. Our Auto Finance Center works directly with the manufacturer, as well as a huge network of local banks and credit unions, to secure the most competitive rates available for your car loan. We are committed to getting you approved quickly, so you can get back on the road in your new Chevy! Apply online today and start the pre-approval process from the comfort of home. We’re also proud to offer extended warranty programs and a variety of value-added services. Our selection includes the hottest new Chevy vehicles – cars, trucks and SUVs! We also have an incredible inventory of certified pre-owned vehicles to choose from. We’re conveniently located near Fort Mill, SC and Charlotte, NC, so come see us today!