GM Financial

General Motors is well-known for its incredibly reliable engines. If you already own a Chevy truck, you can probably attest to that! However, if you want quality, you have to pay for quality. It is rare to find a good truck selling for less than it is worth. 

We are a Chevy dealership near Milwaukee that puts our customers first. Ewald Chevy works with GM Financial to offer personalized, affordable financing options for our clients. Please keep reading to learn how we do that and how GM Financial works.

What is GM Financial?

GM Financial is the financial arm of General Motors. They work with Chevy dealers near you and all over to provide financing options for Chevy truck owners.

• GM financing is widely available to even sub-prime candidates. Per BetterCreditBlog, you can qualify for financing with a 550 credit score. But remember, your auto loan interest rates will be lower if your credit score is higher. It is best to raise your credit score as much as possible before applying.

• It is easy to qualify, but GM Financial also offers loan amounts from $7,500 to $125,000. With such a wide range, your truck loan will qualify!

• GM Financial also offers to refinance through Mode. You can download the Mode app or go to the website to enter some information and quickly decide. Not all customers apply for refinancing, but you may.

When is your first car payment due after purchase?

The first car payment is typically due 30 days after purchasing a car. However, you may be able to adjust your first payment to line up with your monthly income. When deciding on financing, talk to one of our car buying experts at Ewald Chevy to find out if this is an option.

Does GM Financial have a grace period?

GM Financial does not offer a grace period. However, if you are experiencing financial difficulty, they may defer payments. If you are using their financing, you can contact their Customer Experience team. Explain your situation, and they will determine if you qualify for a payment extension.

How to finance a car

Financing a car is easier than you might think. And with GM Financial, it's even easier to finance a Chevy truck! Believe it or not, it's only three steps.

1. Check your credit score before you come into the dealership. The better your credit score is, the better deals you can get on financing. If it's not great, you might consider trying to raise it before financing. At Ewald Chevy, we are happy to work with you to get the best financing even with a lower credit score.

2. Know your budget. Figure out how much you can afford to pay monthly, and don't forget to take your down payment into account. GM Financial has an auto payment calculator here to help you figure out what you can afford. 

3. Get pre-approved online. You have to fill out a four-step application on our website. We will contact you with customized financing options, even if you don't have the best credit.

4. Come into our dealership with your pre-approval and find the Chevy truck of your dreams! Our buying managers and GM Financial experts have already handled the hard part.

So why wait to visit our dealership? You have all the tools you need to own the perfect Chevy truck for you. Ewald Chevy's car-buying managers and GM Financial's experts are ready to help you afford it. Come on to our GMC dealership near Milwaukee today and start looking.