Finance Department
Financing FAQs answered - Ghent Chevrolet in Greeley
Auto Financing FAQ - Ghent Chevrolet
Buying a car can be a headache. First, you examine the Chevrolet car or truck you desire, and next you must seek out answers to your financial questions. Ghent Chevrolet would like to make car buying in Greeley as easy as possible for you, which is why we supply an auto financing FAQ. If you can't locate the answers to your questions on this page, then give us a call at (970) 439-4859 and one of our finance professionals will be in touch.
What Does This Auto Financing Jargon Mean?
Precisely what is APR or Annual Percentage Rate?
APR is the interest rate expressed annually on the unpaid balance of your auto loan.
What factors influence my APR rate?
There are several variables associated with defining APR rates. One element is current economic bank rates, another is credit history, a third is your down payment on the auto loan, a fourth is the quantity you want to finance, as well as the type of vehicle you're financing and the length of your financing contract.
What is Fixed Rate Financing?
Fixed Rate Financing is where the finance rate stays exactly the same over the life of the auto loan, making your repayments the exact same over the duration of your loan.
What is Variable Rate Financing?
Variable Rate Financing is where the finance rate changes dependent upon market trends, making the amount you pay over the life span of the loan fluctuate compared to market bank rates.
What is Wholesale Rate?
The Wholesale rate signifies the rate at which the assignee acquires a retail installment sale contract from Ghent Chevrolet.
Who is the Assignee?
The assignee is the bank that purchases your auto loan from Ghent Chevrolet.
What info will Ghent Chevrolet ask of you when applying for an auto loan?
Expect to supply some, if not all, of the below details to Ghent Chevrolet when applying for an auto loan.
- Your name
- Social Security number
- Date of birth
- Current and previous address
- Current and previous employe
- Sources of income
- Gross monthly income
- Financial information that may consist of current credit accounts and other debt obligations
- Credit rating obtained through a credit check
Ghent Chevrolet
2715 35th AveGreeley, CO 80634 Driving Directions
| Monday | 9:00AM - 7:00PM |
| Tuesday | 9:00AM - 7:00PM |
| Wednesday | 9:00AM - 7:00PM |
| Thursday | 9:00AM - 7:00PM |
| Friday | 9:00AM - 7:00PM |
| Saturday | 9:00AM - 7:00PM |
| Sunday | Closed |
| Monday | 7:00AM - 6:00PM |
| Tuesday | 7:00AM - 6:00PM |
| Wednesday | 7:00AM - 6:00PM |
| Thursday | 7:00AM - 6:00PM |
| Friday | 7:00AM - 6:00PM |
| Saturday | 8:00AM - 5:00PM |
| Sunday | Closed |
| Monday | 7:00AM - 6:00PM |
| Tuesday | 7:00AM - 6:00PM |
| Wednesday | 7:00AM - 6:00PM |
| Thursday | 7:00AM - 6:00PM |
| Friday | 7:00AM - 6:00PM |
| Saturday | 8:00AM - 5:00PM |
| Sunday | Closed |