Q: What documents do you need to apply for an auto loan?
A: You should have available these documents: ID or Driver's License, Title, pay stubs or proof of income. You might be asked to provide utility or phone bills, bank statements, or other similar documents.
Q: What if I've got a fantastic credit score?
A: Our Company has fabulous plans for everyone with an excellent credit score including Credit Union Direct financing that offers some of the most competitive rates in the community.
Q: May I obtain a car loan despite the fact that I've got bad credit?
A: Absolutely! This is our specialty at Copeland Chevrolet. We have partnered with a network of lending agencies that specialize in being able to help those with below-average credit purchase an automobile. Regardless of if you have been denied previously, we suggest that you try again with us.
Q: Can I acquire a vehicle history report?
A: Of course. We advise it at Copeland Chevrolet.
Q: What happens if I have a trade-in?
A: All trade-ins are welcome at Copeland Chevrolet, running or not. In addition we are skilled in trading customers out of a poor equity situation. In case you have a trade, we'd want to have a discussion with you about it.
Q: What if I do not have money to put as a deposit?
A: At Copeland Chevrolet, we wish to speak with you anyway. There are many programs out there that permit you to put zero money down. Let us know how much you're working with and we will make an effort to match the finance package to your needs.
Q: What if I'm self-employed?
A: Being self-employed in most situations isn't an obstacle. From time to time, proof of income might not be needed whatsoever. If it is, providing verifiable income is the important thing. You'll be able to use tax-returns, bank statements, or cancelled checks.
Q: What happens if my trade-in has a larger balance than what my car may be valued at?
A: Being "upside-down" on a trade is a huge obstacle for a lot of dealers as their cars are actually priced above retail price. In our case, we typically purchase autos at an incredible value particularly for trading clients out of negative equity circumstances. Frequently, this means we should trade you out of your upside-down trade-in while rolling over minimum negative equity.
Q: What happens if I'm a first-time buyer?
A: As you may not have had the possibility to build a record of on-time payments, we'll help you get there and get you in the driver's seat as well.
Q: How long does the application process take?
A: Filling out the credit application physically or online only takes a few minutes. After the application has been submitted, the bank may request additional information such as paystubs, phone bills, bank statements, or they may not request anything. Every bank and every program is different but we'll help you get everything completed as quickly as possible.
Q: How much will my monthly payment be?
A: There are plenty of elements that go into determining monthly payments such as amount of purchase, monthly interest, term, and down payment. With hundreds of banks, thousands of packages, and a wide range of automobiles, the best option is generally to contact us with your price range and we can see what we can make work for your particular scenario.
Q: Am I Able To get a copy of my credit report?
A: Yes, but not from us. We are happy to show you your credit report and discuss it with you. Having said that, due to privacy laws, we simply can't supply you with a physical copy of your report. We advise going to annualcreditreport.com for a free copy of your credit report.
Q: Do you ever offer military financing?
A: Yes, Our team has various Finance Companies that are specialized in military member financing.
Q: Suppose I told you I've got a new job?
A: Not to worry, the finance companies we collaborate with at Copeland Chevrolet evaluate dozens of factors other than just job time. We fully understand that everyone changes employment from time to time and we still have strategies to get you financed.
Q: Suppose I told you I'm disabled or on Social Security?
A: Being on disability really doesn't obstruct your ability to get financing. Social Security is recognized by loan creditors as a source of income and may be used in Identifying how big a loan you are qualified for.