If you’ve made the big decision to purchase a new or used Chevy Equinox, then you clearly know a good thing when you see one. And if you’re buying from Rick Hendrick Chevrolet Naples, you know where to go to get an amazing bargain, too!
Now only the details remain, such as this one: Should you pay cash for your Equinox or finance the cost? Like so many questions in life, there’s no one-size-fits-all answer. The way you choose to pay for this value-loaded compact SUV is entirely dependent upon you, your financial situation, and your preferences.
That said, it’s best to look at all of your options so that you can make an informed decision, and we’ll take a closer look at the benefits of paying cash and financing below. But as for getting a fantastic deal? That’s a given when you buy your Equinox from our Naples dealership.
Maybe you’ve been saving up for this purchase for a while and have a lump sum of cash burning a hole in your pocket. Or maybe you’ve just sold a car and are ready to put those funds toward the Equinox you’ve fallen for. Either way, paying cash up front is an excellent choice if you have the financial freedom to do so. You’ll own the Equinox free and clear from the start.
With no financing arrangements to make and no monthly payments hanging over your head, you can fully enjoy the feeling of driving off our lot behind the wheel of your very own Equinox.
If you prefer to hold on to some of the cash you have on hand for a rainy day (or a vacation!), you might choose to pay a portion of the purchase price in cash and then finance the remainder. That way you’ll still benefit from the cash transaction and you don’t need to finance as much. So your monthly payments can be as low as you need them to be depending on how much cash you want to pay on the front end.
Not everyone has the freedom or the desire to pay for their vehicle in cash at the time of purchase. That’s why automotive financing is such a popular option. At Rick Hendrick Chevrolet Naples, we have a financing team on hand and ready to work on your behalf to secure a fantastic, low-interest auto loan with great terms just for you. You’ll be able to pay for your Equinox in small, manageable increments over a period of months or years as you work toward full ownership of this amazing SUV.
One more thing to consider: If you are seeking to build credit or repair credit that has seen better days, then making timely and consistent payments on an auto loan is a great way to do that. You’ll reap the benefits of a brighter financial future.
However you choose to buy your Equinox, you’ll be amazed by the great deals we have in store for you at our Naples Chevy dealership, conveniently located near Estero and Bonita Springs. View our inventory online and then come in to test drive your top picks. We can’t wait to help you find your perfect vehicle, and then show you all the ways we can make it work with your budget.