Everything You Need to Know About Chevrolet’s First-Time Buyer Program

October 30th, 2023 by

For first-time buyers, there can be a number of barriers to financing a new vehicle. Perhaps you haven’t had enough experience in building your credit, or maybe you’re new to the country. But just because you’re a first-time buyer doesn’t mean your options are limited to the used car lot. With Chevrolet’s First-Time Buyer’s Program, we can help drivers without an established credit history get approved for affordable financing on our new vehicles. Chevrolet’s First-Time Buyer Program is designed to make it easier for individuals who are purchasing their first vehicle to get behind the wheel of a Chevrolet car, truck, or SUV. Here’s everything you need to know about this program:

How Does the First-Time Buyer Program Work?

Generally, the First-Time Buyer Program is geared toward buyers who don’t yet have much of an established credit history. As such, they tend to have more lenient terms that can make it easier to get approved for an auto loan. And if you’re able to set yourself up with the right car loan, it could help you establish better credit for purchases in the future.

Benefits of the First-Time Buyer Program

Benefits of the First-Time Buyer Program include numerous incentives that boost your ability to qualify for auto financing. Customers won’t have to worry about finding a reliable co-signer or putting down a significant amount of their savings for a downpayment. They also might take advantage of low interest rates and manageable terms. But one of the biggest benefits of the program is the opportunity to build your credit as long as you make your monthly payments consistently and on time.

Who’s Eligible?

Young drivers, individuals with limited driving experience, and recent immigrants all fall within the broad category of first-time drivers. The First-Time Buyer Program might be a great option for you if you are a student/young driver looking to find a reliable vehicle to get you to and from campus. If you’re a new resident of the US, you may also encounter some problems trying to get approved for an auto loan. Additionally, if you’re a rideshare driver working for Uber or Lyft, the Program may be helpful so that you can purchase a quality investment vehicle for your profession. Veterans or military personnel who need help rebuilding their credit as they reintegrate into society.

Start Your Journey with Cavender Chevrolet

At Cavender Chevrolet, we’re breaking the barriers when it comes to auto financing. Chevrolet’s First-Time Buyer Program is designed to assist individuals who are purchasing their first vehicle by offering various benefits and incentives and making the process of buying a car more accessible for those with limited credit history or financial resources. If you’re a first-time buyer in the market for a new vehicle, contact one of our sales representatives to learn more about Chevrolet’s First-Time Buyer’s Program and eligibility requirements –  but not to worry, we can help just about anyone qualify for the program!

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