More about the Handy Chevrolet
and payment calculator
you having any trouble utilizing these handy tools? If so,
you have a couple options. First, email
technical support or call them directly at (802) 782-5816, or try our
chat program to live chat with a Handy representative via
instant message during normal business hours.
try following the tips below, where we've outlined some step-by-step
instructions on how to get the information you desire.
Default costs and finance rates
you may notice, several things populate the financing and payment
calculator above: MSRP, down payment, APR or finance rate, term,
and finally the default estimated payment. These figures are all set at
industry standards or mean values aside from the MSRP which
we've set to open at $20,000. These values are essentially
placeholders, giving you a starting point to jump into the calculator
tool. Starting values are as follows:
- MSRP = $20,000
- Down payment = 20%
- APR / finance rate = 5.9%
- Term = 60 months
we expect you to use this tool by entering your own numbers, it's
important that you understand these figures: they are not derived from
any webpages you personally have
viewed, but rather start with our typical starting finance rate of 5.9%,
add in generic trade-in values like 20%, and so on.
thing is certain: the new Financing Calculator is much simpler than
the older version, however there is also more information to be had.
Let's take a quick walk through the form and explain where you'll get
the information needed.
with the MSRP, this number is shown next to any vehicle in
car, and Chevrolet
- Buick - GMC Certified Pre-owend Vehicle inventory. Though
this is a suggested retail price and may not be the price a customer
pays, this is your starting off point. Take this number and enter it
into the MSRP slot.
- Down payment
be blunt, how much cash do you have to put down for your new or used
car purchase or Chevy lease? Enter that information here, either based
on a percentage or a cash value. Keep in mind the percentage would
imply a percent of the MSRP whereas the cash value is simply that. Now
this is all straightforward, but don't forget your trade-in value! Use
Book Online trade-in calculator to get a value range of your
car, which you can then use as your down payment. Since the Black Book
Online tool gives you a range, use the various extremes and even the
mean to get a range of payment option ideas.
- APR or estimated financing rate
part can be a bit tricky, as financing rates completely depend upon the
customer's credit score and other factors. It would help if you knew
what kind of finance rates you can get, and to know that you would need
to fill out a
finance application. If you know that information, go ahead
and use it! Otherwise you can use our standard starting rate - 5.9%, as
is the default - or try various Chevrolet incentive offers as found on
this can vary greatly, and this is why we start it off at 60 months (a
typical 5 year car loan). Use this dropdown menu to see how your
payment will skew from 12 months to 84 months to get a better idea of
what you can afford and how long you want to pay for this
- Estimated monthly payment
mentioned above, this is initially a placeholder and is calculated off
the aforementioned default settings. Whatever information you put into
the various form components as mentioned above will result in a
different Estimated Monthly Payment; with this you
can nudge the different figures to find your ideal payment and be
educated and therefore confident when you walk into our St. Albans, VT
new and used Chevy dealership!
What is the "Other Payment Options" chart for?
you see on the right of the Payment Calculator form, there is a handy
little chart showing you a rising scale of cost. This chart reflects
whatever you enter into the main payment calculator form, giving you a
high level view of your prospective payments.
this chart, the monthly payment is shown on the left side of the chart
(the y-axis, running vertically); the loan term is shown on the bottom
of the chart (the x-axis, running horizontally); and the bars themselves
represent your selected financing rate. As you manipulate the data,
hover over the various graph bars for a few extra details. For instance
at the default settings, hovering over the bar furthest to the right,
which would represent a 12-month loan at 6.9% on a $20,000 vehicle with
$4,000 as a down payment, the payment would be $1,384 per month. On the
extreme left under the same figures the payment would be $241 per
This graph allows you to see alternative timeframes based on the choices you made in the form proper.
The Search Inventory button
when you've decided you like what you see based on the figures you've
entered into the Payment Calculator, click the Search
Inventory button to see a list of cars that fit the budget
you've specified. This is a quick, simple way to get to see what you've
decided you can afford!
more information on financing, applying for VT car loans, leasing, or
any other finance-related question, send us an
email or call us toll-free at (888) 295-5380. If you're ready to
see what kind of financing options are available to you, fill out a
finance application online and get an answer within 24 or 48
hours (usually much faster), or email
email@example.com directly to speak with finance
manager Reg Howard. Finally, for technical support, email the