Jan 19, 2024
Chevy Malibu outside Crain Chevrolet

Buying a car can feel overwhelming, sometimes leaving you with lots of questions. Finding a car is just the beginning; getting the green light for an auto loan can be a major worry. However, at Crain Chevrolet in Little Rock, Arkansas, we’re here to make it simple and stress-free! Check out this quick step-by-step guide to learn how to get started!

Are you shopping around for a larger pickup truck? Click here to learn about the 2024 Chevrolet Silverado HD!

Review Your Credit

Before embarking on your journey to find your dream car, it’s essential to know your credit score. Finding your credit score is a breeze, and there are various methods to do so. According to the Consumer Financial Protection Bureau‘s blog, you can check it on your credit card or loan statement online, consult with a nonprofit counselor, or use a credit score service. Some businesses offer free credit score services, while others may charge a fee. Armed with your credit score, you’ll have a clearer picture of your financial landscape. A stellar credit score opens doors to the best interest rates for your vehicle purchase. However, if your credit score isn’t the best, fear not! Our finance team is ready to assist by crafting a tailored loan package. Just complete a Free Credit Application on our website for a preapproval journey! Once we have your details, our financial office will reach out with our car loan options.

Camaro sportscar at Crain Chevrolet in Little Rock, AR

Did you hear that Chevrolet is about to release its first-ever hybrid sportscar? Click here to see what reviewers have to say about the soon-to-be-released Corvette E-Ray!

Payment Calculator

Now that you’ve got the lowdown on your loan details, it’s time to harness that information using our Payment Calculator! This nifty tool provides a speedy estimate of your monthly payment and buying capacity. Whether you want to figure out your monthly car loan payment or determine your spending limit on a new vehicle, this tool has your back. You just need to enter

  1. The loan amount or your target monthly payment.
  2. What you anticipate putting as a down payment.
  3. Your car’s trade-in value.
  4. Payment term length.
  5. Your interest rate.

After you provide this information into either calculator, this tool will give you an estimated monthly payment or your purchasing power, so you have a better idea of what to expect! 

Are you thinking about getting your first electric vehicle? Get a glimpse of the Blazer EV on our blog! 

Our Financial Services at Crain Chevrolet 

At Crain Chevrolet, we’re on a mission to make sure you cruise into your new wheels effortlessly. Our speedy approvals and competitive rates come straight from both the manufacturer and local Arkansas banks. But that’s not all – we’ve got your back with value-added services to safeguard your investment and extended warranty programs. Ready to make it happen? Swing by our dealership in Little Rock, Arkansas, today!

Are you in the market for a used vehicle near Benton, AR? Click here to learn about our used inventory!