Auto Finance Deals

We know that financing is never going to be the most fun or exciting part of shopping for a car, but it doesn't have to be a headache either. With the range of auto finance deals we offer here at ELCO Chevrolet, financing can be a smooth and streamlined process, from trading in your current ride to leasing or getting a loan for your next one.

Our team is on hand to help you understand your options and ensure you get the best possible deal. Even if you're working on rebuilding your credit, you can still drive home in a quality car without breaking the bank. We're here to help you get the best bang for your buck, so you can shop smart.

We Provide Flexible Auto Financing Options

Every driver is different, so one-size-fits-all financing solutions will never work for everyone. Our team will get to know you and ask about your budget, your credit, and your ownership goals. With this information, our finance experts can put together plans that are right for your needs and give you accurate advice if you have questions about which options are best for you.

One of the biggest things you'll need to decide is whether you want to get a lease or a loan. Neither of these options is "better" than the other; each has its pros and cons. The question is: which one is better for you?

Leasing 101

You can think of a lease like a long-term rental. Instead of buying a car and working toward ownership, you're paying to use the car for a set period of time (usually 2-3 years). At the end of that time, you'll bring the vehicle back to us, and you can upgrade to something new.

While that's the most common way for a lease to work, there are exceptions. If you need to end a lease early or you want to work toward owning the car after the lease period, you can always reach out, and we'll discuss your options. You can also negotiate various factors in the lease agreement up front, such as mileage limits and lease duration.

Pros of leasing:

• Payments are generally lower compared to loans.
• New cars offer the latest features.
• Warranty coverage typically lasts for the entire lease period.
• You get the freedom to change models every few years.

Cons of leasing:

• There are mileage limits.
• You can't consider used models.
• You can't customize your car.
• You aren't building equity in your car.

Loan 101

An auto loan basically works like any other type of loan: you get money up front to pay for your car, and you pay that money back over time, plus interest. Interest rates and loan terms can vary depending on several factors, including your credit score and the lender's policies. We work with a variety of lenders to compare options and secure the best possible deal.

Pros of a loan:

• You get your choice of a new or used model.
• You can customize your vehicle however you like.
• There are no mileage limits to worry about.
• You build equity in your vehicle as you pay.

Cons of a loan:

• Payments are typically higher.
• You're responsible for maintenance costs, including services necessary for older models.
• Switching to a new model down the road is a more complicated process.

Our Simple Application Process

We think it should be easy to get a financing plan that you love, which is why we put together a convenient process that you can start from the comfort of your home. Our online application is simple and secure, and makes it easy to get the ball rolling.

Give us some basic information about yourself, your income, your vehicle, and your co-applicant if you want to apply for joint credit. From there, our team can start finding programs that are a good fit for you.

We can't promise you'll be approved for financing, but we do promise to do our best to work with you and do everything we can to find an option that will suit your needs. If you have any questions, feel free to contact us, and we'll be happy to help.

Rebuilding Your Credit After Bankruptcy

We work with all kinds of drivers, including those who have had financial issues in the past. If you've declared bankruptcy in the past, it can be particularly difficult to get a loan. But that doesn't mean it's impossible.

We offer special financial assistance to those looking to rebuild their credit after a setback such as bankruptcy. With the right plan, you can not only get a great vehicle, but also work toward a better financial situation down the road.

Our team will consider your specific circumstances and help you understand your next steps, so you can explore your options carefully. We won't get your hopes up with false promises; instead, we'll be fully transparent every step of the way, so you can make a fully informed decision about what's right for you.

Trade In Your Current Ride for More Buying Power

When you're figuring out your budget, don't forget to account for the value of your current vehicle, if you're going to be moving on from it to make way for your next ride. With a trade-in, you can directly apply the value of your old ride to your new one, which can save you money thanks to the way that sales tax works.

Selling a vehicle privately can be a major hassle. You need to create a listing, schedule test drives, and handle all the paperwork required to transfer ownership. And that's assuming everything goes smoothly—you also run the risk of dealing with a scammer, and there's a chance that you'll spend a long time waiting for a serious buyer to come along.

When you trade your ride in here instead, you won't have to put up with any of that. Our professional appraisers can get you an offer in a matter of minutes, and we buy all makes and models. You don't even need to purchase a car from us to sell us yours, and we can come to you if needed for ultimate convenience.

Determine Your Full Buying Power With Our Payment Calculator

Fill out our online form to get an estimated value of your trade today. Once you have that number, you can plug it into our helpful payment calculator to estimate your monthly payments for various vehicles.

You can alter everything from the loan amount to the term to the interest rate, making it easy to get a fairly accurate estimate of what you can expect to pay each month. You can also do things the other way around, entering in the number you want to pay each month and calculating your total purchasing power.

This tool lets you browse with confidence, knowing that you have a solid understanding of what you can afford, so you can consider options that will be a good fit for your budget.

We're Here for You and Your Financial Needs

It's easy to think that financing is just a bunch of abstract numbers, but we see the person behind those figures. We know you deserve access to reliable transportation without stressing out over your budget, and we're here to make this process as stress-free as possible so you can enjoy the road ahead.

Visit us today here at ELCO Chevrolet and see how we can help you meet your financial goals your way.