Sales:
(270) 906-9210
Service:
(270) 906-9273
Parts:
(270) 906-9275
Open Today Sales: 8 AM-6 PM
Quick Access: Credit & Loans|Leasing vs. Buying|Insurance & Warranties|Trade-In Guide
Can You Finance a Car with No Credit?Can You Finance a Used Car? What is the Best Place to Get Auto Financing?
Most lenders prefer a credit score of 660 or higher for prime rates, but at Country Chevrolet of Benton, we offer specialized programs for buyers with scores in the 500s. Your specific rate will depend on your down payment, debt-to-income ratio, and the vehicle’s age.
Leasing is better if you prefer lower monthly payments and want a new car every 2–3 years. Buying is superior if you plan to keep the vehicle long-term, drive high mileage, or want to build equity to use toward a future trade-in.
Yes. If you have positive equity, the difference is applied toward your new purchase. If you have negative equity (you owe more than the car is worth), we can often “roll” that balance into your new loan or help you find incentives to cover the gap.
Gap insurance covers the “gap” between what you owe on your loan and the actual cash value of the car if it’s totaled or stolen. This is highly recommended for buyers with low down payments or those financing for longer than 60 months.
Generally, used car interest rates are 1% to 2% higher than new car rates because used vehicles have lower resale predictability.
A quick reference guide to the terms used in our car buying and financing process.
