Welcome to the Finance Department. Here you can use our online form to
get a quick and accurate response on financing your next vehicle. Your
financing information is encrypted in a super-safe digital format and
is never sent through E-Mail.
For New or Used Car Loan Questions Call us
and Bad Credit Accepted! New Smyrna Chevrolet Chrysler Jeep Dodge helps
people with all credit situations. Most people need a car loan to
finance their new car or used car purchase. The finance experts at New
Smyrna Chevrolet Chrysler Jeep Dodge help people with all types of
special finance needs drive their dream car home. Regardless of where
you are in the car buying process, request a free, secure auto loan
quote. New Smyrna Chevrolet Chrysler Jeep Dodge works with only trusted
lenders to bring you low rates and flexible terms. Use this easy
guaranteed secure auto loan application and get started with buying a car today!
Annual Percentage Rates (APR) - As Low As*
Loan Type Up to 60 Months (%) 61-72 Months (%)
New Car 0% 4.99%
Used Car 5.99% 6.99%
are for qualified applicants approved through New Smyrna Chevrolet-CJD.
On approval of credit. Rates are subject to change without
At New Smyrna
Chevrolet Chrysler Jeep Dodge we believe "what's in the past is in the
past." Don't let your credit history stand in the way of buying a car.
WE have helped thousands of people re-establish their credit while
driving a new or late model vehicle.
New Car Warranties: Chevrolet New Car Warranty
Basic 3 year / 36,000 miles Drivetrain 5 year / 100,000 miles Roadside 5 year / 100,000 miles Rust 6 year / 100,000 miles
The basic warranty covers everything except items that are subject to
wear and tear or replacement in the ordinary course of vehicle
ownership, such as oil and air filters, wiper blades and brake pads.
Tires and batteries are often excluded, but usually have their own
warranty provided by the manufacturers of those items. Emissions
equipment is required by Federal law to be covered for five years or
Drive Train Warranty:
In some cases the drive train warranty continues after the basic
warranty has expired. This part of the warranty covers most of the
parts that make the vehicle move, including the engine, transmission,
drive axles and driveshaft. Like the basic warranty, consumable parts
such as hoses and belts are not covered. However, most of the internal
parts of the engine, such as the pistons and bearings, which are also
subject to wear and tear, are covered by the drive train warranty.
Many manufacturers provide a service that will rescue you if your car
leaves you stranded, even if it's your fault. Lock yourself our of your
car? Run out of gas? Got a flat tire? A call to the manufacturer's
toll-free number will result in somebody showing up who can help you
out. There is a huge variance in these programs so check ahead of time
to see what is covered and what you will have to pay for.
Rust or Corrosion Warranty:
Rust or Corrosion Warranty: This warranty covers the vehicle's sheet
metal, and protects you from rust and corrosion that are severe enough
to cause a hole - surface rust is not covered. However, if you keep
your car washed and waxed rust shouldn't be a problem.
What type of auto loan am I applying for? All
effort is made to locate an auto loan approval through one of our
affiliated direct lenders with a same as "cash" voucher or draft to use
like a check to pay for your vehicle. When an approval cannot be
granted, our Preferred Special Finance Auto Dealer's go to work for you
to find you appropriate Subprime loan for you.
What is the difference between Prime lending and Special Finance or Subprime auto loan? Prime
lending is for people who have excellent credit, with no recent dings
on their credit history. Special Finance, also know as Subprime auto
loans, are granted to people who have less than perfect credit. Does applying to multiple lenders for auto financing have a negative affect on my Credit Bureau score? No.
At the present time, the credit scoring agencies say that all credit
inquiries within a 14 day period associated with one type of buying are
consolidated into one inquiry for scoring purposes.
What determines my auto loan interest rate? Interest
rates are set according to the condition of your credit. Lenders and
auto dealers use a credit rating score and their own internal rating
criteria to determine APR to be set for your auto loan. The credit
rating score is normally referred to as FICO or Beacon. Prime borrowing
is usually a score above "680", and interest rates for a prime customer
are generally 9.99% and lower. A score between "525 and 679" is
considered special finance or subprime. Subprime lending rates will
usually fall between 9% and 24% depending on your score and present
personal credit circumstances.
Will I be required to have a down payment for the purchase of my auto? Down
payments, if required, usually are 10% or $1,000 whichever is lower.
Your present credit standing will determine the need for a down
payment. It is always wise to be prepared to have a down payment, and
then be pleasantly surprised when one is not required when finalizing
your auto financing.
What basic criteria are needed to apply for auto financing? You
must be at least 18 years old. Your monthly income from one source of
employment and "other income" (court ordered child support, documented
rental income, etc.) should be a minimum of $2,000 for a direct auto
loan, but can be considerably less when using indirect financing
through an auto dealer. You need good residence and employment history
showing of at least 2 years . at the same location.