Ask a Finance Expert

A larger down payment helps in getting a good interest rate. The less risk a bank has, generally the lower the rate.

You do not necessarily need a down payment to purchase a vehicle. Many times, customers choose to put money down to reach a certain payment or to lower their interest rate. Other times, banks may require a down payment on a certain vehicle due to an individual’s credit history or negative equity carried over from the previous vehicle.

The only additional costs our customers are responsible for are a documentation fee of $129 and state lien filing fee of $3.1

There are many different sources that can provide estimated values of pre-owned vehicles. Kelley Blue Book and NADA are particularly good resources, but keep in mind they are not actually looking at your car to give a value. They instead compare some basic information about your vehicle -- such as mileage and age -- against metrics from a large data pool to give a rough value based on market conditions.

In order to get a true offer, value your trade online, then visit our Batesville Chevy dealership and have our team perform an official appraisal of your vehicle.

Absolutely. In fact, it is one of the largest factors in determining your interest rate.

Yes, you can. We work with several banks who specialize in helping customers that may have previously had challenges purchasing a vehicle due to their credit history.

Yes, though keep in mind a qualified co-buyer can often make the process much quicker -- and much less expensive in the long run -- for customers interested in how to buy a car without credit.

The best length for a car loan depends on what best fits your monthly budget. The longer the loan the lower the payment, but you'll pay more interest over time. The shorter the loan the higher the payment, but you'll pay less in interest over time. Most car loans today are anywhere from 60-84 months. Our GMC finance team can help you pick the best loan term for your specific circumstances.

Oftentimes yes, we can beat or match a pre-approved car loan. We have many different national banks that we work with daily in order to get our customers competitive offers.

In many cases, yes. We can refinance vehicles for our customers to reduce their current interest rate and lower their payment.

Yes, you can sell a car you still owe money on. Keep in mind that you will have to pay off the loan, obtain a lien release and supply the new owner of your vehicle the title within 30 days.

Almost all vehicles purchased at our local Chevy dealership will qualify for service contract coverages. We encourage all customers to protect themselves against the rising cost of repairs and inflation. The staggering number of electrical components on today’s new vehicles makes it more important than ever to make sure you are protected.