How much down payment will I need?
Your down payment is determined by a numbers of factors including your income and the vehicle you select.
Can you take an application over the phone?
Yes, but due to the Fair Credit Reporting Act, you have to come in and sign the application before we can process it.
How much am I approved for?
The amount is determined by your income, down payment, and the price of the vehicle you select.
Do I need a cosigner
Normally no, but additional income and credit history usually gives us more flexibility for someone with limited income, a short job or residence time, and limited credit history.
Do I need a bank account?
Our payments are setup on monthly bank debits to a regular checking or savings account. This will help you to make sure you payments are on time and insure a good credit history on your payments to help or reestablish your credit.
Is there a warranty on the vehicle?
Yes, there is a warranty available on every vehicle Chip sells. The manager will explain the available warranty after you select your vehicle.
Does my down payment lower my payments?
Yes, your payments are based on the amount you finance after your down payment is taken off the balance.