The Chevrolet Equinox is a great vehicle for first-time buyers. With our convenient Chevy Equinox finance process, we make it as easy as possible to make one yours. Joe Lunghamer Chevrolet shares everything you need to know about financing the compact SUV.
Application Process
You can easily submit a financing application at our dealership. You’ll sit down with a member of our team, and we’ll ask questions about your buying criteria, including your employment, income, and housing info. Required documents may include:
- Proof of identity (driver’s license, state-issued ID, or passport)
- Proof of income (tax returns or pay stubs)
- Proof of residency (utility bill, mortgage statement, or lease agreement)
- Proof of auto insurance
You can also submit an online Chevy financing application to get the ball rolling before you come to our dealership.
Setting Terms
After we collect your information, we’ll send the info to our network of lenders. You may receive multiple offers, so it’s best to keep our recommended parameters in mind. If possible, you want an auto payment that doesn’t exceed 10 percent of your take-home pay. We also suggest making a down payment of at least 20 percent, which is the money you’ll pay upfront when you purchase your vehicle.
Consider Your Options
When you apply, we’ll also discuss additional expenses you may want to consider. For example, if you buy a new model, you might want GAP insurance, which covers the difference between what you owe on your SUV and what insurance gives you if you’re involved in an accident. You may also want to consider prepaid maintenance plans or other protection options.
Apply for Chevy Equinox Financing in Waterford, MI
We strive to make the Chevy financing process as simple as possible. We’re here to help every step of the way. Visit Joe Lunghamer Chevrolet to upgrade to a new Chevy Equinox today!