Chevy Finance Tips: How Long Can I Finance a Car near King of Prussia, PA?

May 19th, 2021 by

Chevy Finance

When you have a question about financing, our Chevy finance center is the best place to start. The car buying process can be complicated, which is why Videon Chevrolet is here to help you out.

So if you’ve been asking yourself, “How long can I finance a Chevy car for?” our team can give you the answer you need.

How Long Can I Finance a New Chevy Car For?

Every financial agreement depends on the individual’s financial situation. However, we’ve found that drivers will usually opt for the shortest possible term limit. Mainly, we see that drivers try to finance their new Chevy car for three to five years. Usually, drivers will opt for a longer loan agreement to reduce their monthly payment amount.

How Long Can I Finance a Used Chevy Car For?

For the most part, financing a used Chevy car is not all that different than financing a new Chevy car. At our dealership, we find that drivers tend to opt for shorter financing agreements, two to three-year loans, when they select a used vehicle. That’s because used cars are generally more affordable, so the monthly payments won’t be too high.

What is the Difference between Leasing and Financing?

Generally, leasing a car is believed to be a more affordable option; however, you won’t own your car if you lease and you’re beholden to the terms of the lease. Financing a car means that you’re responsible for both the financial and mechanical aspects of the vehicle, but as the sole owner, you can choose to do whatever you want with your vehicle.

Visit Our Chevy Finance Center

When you’re ready to get started on financing your new Chevy car, head to our Pennsylvania Chevy dealership. Our team of experts can’t wait to help you get started!

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