Chevy equinox buy here pay here

If you’re looking to buy a new or pre-owned Chevy but are experiencing limited financing options, you might be considering whether to sign up for a Buy Here Pay Here program.

While other dealerships might offer this type of service, the team at Diver Chevrolet doesn’t believe in restricting Wilmington, Newark, and New Castle drivers to just one financial path. To learn more, continue reading our helpful guide before scheduling a visit!

How Do Buy Here Pay Here Programs Work? 

Designed for new drivers who have little to no credit history or those who might be in the process of rebuilding their credit score, Buy Here Pay Here or “BHPH” programs serve as an alternative to traditional auto loans. If seriously considering this route, you should take time to read the fine print and know exactly what you’re agreeing to before signing the contract. While some dealerships might present this setup as your only choice, the finance center at Diver Chevy has other options to explore. In order to secure you a payment plan, the dealership will assume the role of the bank or credit agency by creating terms and a rate which they directly control. Typically, the terms on these loans come with stricter guidelines than a traditional auto loan.

In order to secure you a payment plan, the Buy Here Pay Here dealership will assume the role of the bank or credit agency by creating terms and a rate which they directly control. Typically, the terms on these loans come with stricter guidelines than a traditional auto loan.Payments must often be made on a more frequent timetable and, in most cases, (as the name suggests) be made in person. If you ever find yourself in a situation where you’re late or miss a payment, your options are usually limited and the penalties higher.Again, if you are considering this option, contact the finance center at Diver Chevy first!

Financing to Fit Your Needs and Budget

Possessing decades of experience, our friendly team of financing specialists are committed to securing you the best terms and rate for your current situation. Regardless of your credit history, they’ll scour through our large network of local banks and lending agencies so you can eventually own a vehicle you’ll love driving for years.To get started, simply complete a secure pre-approval form through our site. Once submitted, one of our representatives will quickly be in touch to discuss a range of available options and patiently answer your questions before inviting you in for a personalized visit.

Find the Best Loan For Your Needs

Whether you’re a brand-new buyer or someone looking for a fresh start in a high-quality vehicle, the finance center at Diver Chevrolet supplies plenty of great options to explore.If you currently live in the Wilmington, Newark, and New Castle areas, stop by or contact us online for more information today!