What is the average new car payment today?
Well, according to Experian the average car loan has a payment of $495 per month. That’s $13 more than last year. CNBC puts the average new car payment at $503. And, that’s the first time the an average auto payment is over $500. No matter how you slice it, the payment is around the $500 mark. 2016’s used car payments average about $362.
Do you need to pay $500 to get a great car?
The simple answer is “No.” Ron Westphal Chevrolet offers a complete line-up of vehicles that offer payments well below the $500 average. Even if you have no money down!* And, don’t worry. You don’t have to drive a tin can anymore. Nearly all our new models offer ice-cold air conditioning, power windows, locks and mirrors, tilt and telescoping steering wheel, MyLink Color touch screens with bluetooth and 4G LTE WIFI and many more standard features..
Would you like to lower your current auto payment? Call our Customer Care Team at 630-898-9630 or visit us online.
The average price for a vehicle loan continued to rise, with the typical amount for a used vehicle loan increasing from $18,866 in the third quarter of 2015 to a record high of $19,227. The average new vehicle loan for the quarter was $30,022, up $1,086 from the previous year.
The typical loan for a new vehicle was 68 months while a used vehicle loan had an average repayment period of 66 months; both were one month longer than the previous year. The average term of a new lease was 36 months, also one month longer than the third quarter of 2015.
*Car payments vary and depend on many factors such as model selected, credit history, term, downpayment and more. Call our Customer Care Team at 630-898-9630 for details.
Is a GM Lease for you?
Did you know that nearly 30% of all vehicle sales are leases?
More people in the market for a new vehicle continued to gravitate toward a lease rather than a purchase, according to the credit bureau Experian’s auto financing report for the third quarter of 2016.
The report found that 29.49 percent of all new vehicles sold to drivers in the United States between July and September were leased. This share was up from 26.93 percent in the third quarter of 2015.
1: It’s Easy-Breezy.
In and out of our dealership in about 1 hour every 24 to 39 months. Just turn in your current lease and select your next Chevrolet car, truck, van or suv. Lease payments can often stay exactly the same as your current payment or in many cases…even decrease.
2: Reap the Rewards.
GM consistently offers special Lease reductions for current lessees. And, in most cases you can end your lease early with no penalty.*
3: Always Drive a New Car.
Why not? Enjoy lower maintenance costs and the dependability a newer vehicle offers.
4: Equity Protection
What is Equity Protection you ask? Well, it’s a known fact that you will never have negative equity, or be ‘upside-down’ at the end of your 24 -39 month lease. This type of promise cannot be made with a traditional auto finance loan. Many people are disappointed to find out their vehicle’s value at the end of 3 years is lower than their 60 month loan balance. With a GM lease your obligation is over within 39 months or less and you are free to choose your next vehicle without having to roll-over any negative equity.**
*Typically, GM Lease Pull-Ahead is offered to all Chevy Lessees toward the end of their lease. If you qualify for Lease Pull Ahead, GM will waive your last 3 to 4 payments. You may also receive additional incentives to re-lease or purchase another GM vehicle. Although Lease Pull-Ahead not guaranteed, it has been a consistent GM Lease Incentive program for many years. Call our Customer Care Team at 630-898-9630 to find out more about GM’s Lease Pull Ahead.
**Providing you are within lease mileage limits and are turning in an un-damaged vehicle.
If you would like a Chevy Silverado to go along with your trailer mirrors…don’t hesitate to call our Customer Care Team at 630-898-9630 or visit us online at www.WestphalChevy.com.
Thanks for watching Silverado Trailering Mirrors and Rear Guidance Lamps Video!
$34,077 dollars. Yikes. That’s about twice what my folks paid for their first house. Yessiree, the average new car price for 2016 now over $34,000. And, Edmunds expects that to rise to over $35,00o for this year.
But, the average car loan amount finances was only $30,022 (according to Experian), which means most folks have some cash or trade-in equity to use as down payment.
What if you can’t afford $34,077?
No problem. At Ron Westphal Chevrolet we’re proud to be below average! We offer many, many cars, trucks and SUV’s priced well below the 2016 average. Some new 2017 models are selling for only $12,558* and come with full factory warranty. Call our Customer Care Team now at 630-898-9630 to go over all your options. Or, find your new vehicle on our website at www.WestphalChevy.com.
The average new car prices are up over 12% in only 5 years.
So what’s causing this? Edmunds believes the primary factor is growth in the light-duty truck market. It currently engulfs about 62 percent of the new-car market, and if you’ve ever been to a truck manufacturer’s site to play around with Build and Price tools, you’d know pickup trucks or an SUV can get expensive. A new 2017 loaded Silverado Crew Cab LT 4×4 has a MSRP around $45,000+ but lease deals can put these trucks in the hands of those who may not be able to afford traditional financing.
Leasing gains in popularity
Almost 1/3 of new vehicle sales are leases. If you think a brand new car, truck, van or suv is out of your budget-think again. We may be able to get you behind the wheel of your ideal Chevrolet with no money out of your pocket and with a low monthly payment. Call our Customer Care Team at 630-898-9630 for more information or drop by our showroom.
*Plus tax, license and fees. Includes all incentives.
30 Day Tire Price Guarantee at Ron Westphal Chevrolet. Visit us today or schedule your appointment at 630-898-9630.
30 day tire price guarantee
With our 30 day tire price guarantee you have the peace of mind that you’ve received the best possible value. Provide us with a better price at time of purchase and we’ll match it. Find a better price within 30 days of purchase and we’ll refund the difference. Ad, written estimate or internet quote for identical tires from a competing tire retailer located within 100 miles of Ron Westphal Chevy required during period of price match.
Quality Tires at a Great Value
Whether you’re in the market for repair or replacement, our Certified Service technicians can handle all of your tire needs. Use our Tire Finder Tool to start shopping for tires – simply enter your vehicle’s year, make, model, and tire size. Not sure about your tire size? It’s the combination of letters and numbers located on the side of your tire. Once you’ve selected the right set, schedule an appointment that’s convenient for you.
Your tires are the first and only contact with the road, so it’s important to choose the right set. Our Tire Finder tool makes it quick and easy to find tires for any vehicle. Use the drop-down menus to select your vehicle information and navigate your search. Once you’ve selected your new tires, the Certified Service expert technicians can handle all of your tire needs at your scheduled appointment—it’s that simple.
You are encouraged to routinely inspect your vehicle’s tire pressure because all tires will lose pressure progressively, during both warm and cold temperature months. The weather is not the only element that results in a decrease in pressure either. Altitude variations, flexing, and tire wall impacts will slowly decrease air pressure. The proper process for optimal tire care is to always inspect tire pressure each alternate visit to the gas station. With respect to tread depth, it’s recommended that you rotate your tires every alternate oil change to extend the life of your tires. Rotating your tires every 6 to 8 thousand miles will help maintain a level tread wear throughout the life span of the tire.
Feel free to visit our service department for a free tire pressure check or if you have any questions. Thanks!
DETROIT — Rear Seat Reminder, an industry-first feature designed to remind drivers to check the back seat as they exit their vehicles under certain circumstances, will be offered across many Buick, Cadillac, Chevrolet and GMC vehicles by the 2018 model year.
The system monitors rear door usage to remind drivers to check their rear seats before walking away from their vehicles.
Looking for Rear Seat Reminder?
Looking for a 2017 model with rear seat reminder? Call Ron Westphal Chevy at 630-898-9630 or visit our website.
“GM’s Rear Seat Reminder feature is an initial step to use technology to help remind drivers to check the rear seat before exiting the vehicle under certain conditions,” said Jeff Boyer, vice president of GM Global Vehicle Safety. “We want to help everyone to take one simple, extra step. That’s why Chevrolet, Buick, GMC and Cadillac will offer the Rear Seat Reminder on a broad range of vehicles, from small cars to full-size SUVs and everything in between.”
Thirty-nine children died from heatstroke this year as result of being left in vehicles or gaining access to an unattended vehicle, a 60 percent increase over last year’s figure.
Rear Seat Reminder debuted earlier this year on the all-new 2017 GMC Acadia. Models to offer the feature include those listed below as well as some 2018 vehicles models that will be announced at a later date:
- 2017 Buick Lacrosse
- 2017 Cadillac Escalade and Escalade ESV
- 2017 Cadillac CT6
- 2017 Chevrolet Cruze and Cruze Hatchback
- 2017 Chevrolet Malibu
- 2017 Chevrolet Tahoe
- 2017 Chevrolet Suburban
- 2017 Chevrolet Silverado
- 2017 Chevrolet Colorado
- 2017 GMC Yukon
- 2017 GMC Yukon XL
- 2017 GMC Sierra
- 2017 GMC Canyon
- 2018 Cadillac XT5
- 2018 Cadillac CTS and CTS-V
- 2018 Cadillac ATS
- 2018 Chevrolet Equinox
The Rear Seat Reminder works by monitoring the vehicle’s rear doors. The feature is intended to activate when either rear door is opened and closed up to 10 minutes before the vehicle is started or while the vehicle is running. Once the system is activated, the vehicle is designed to sound five chimes and display a message in the driver information center that reads “Rear Seat Reminder / Look in Rear Seat” the next time the vehicle is turned off.
“This new technology developed by General Motors will give busy parents and caregivers the important reminder to always check the back seat,” said Kate Carr, president and CEO of Safe Kids Worldwide. “The safest way to protect a child from heatstroke is to never leave a child unattended in a vehicle, and features like Rear Seat Reminder, coupled with continued public education, can help combat this preventable tragedy.”
The feature cannot actually detect items in the back seat, so it is always important to check the rear seat prior to exiting the vehicle.
General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world’s largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.
DETROIT — Chevrolet will complete the transformation of its crossover and SUV lineup with the introduction of the next-generation Traverse on Jan. 9 at the North American International Auto Show.
The all-new Traverse features a bold and refined design with seating for up to eight passengers. It’s expected to offer the segment’s best third-row legroom and maximum cargo space.
Premium interior and exterior design cues and new technologies abound, including available exclusive D-Optic headlamps that provide a natural daylight effect with a seamless light quality.
The 2018 Traverse will be Chevrolet’s latest crossover/SUV offering, joining the 2017 Bolt EV and Trax, the 2018 Equinox revealed in September and the full-size Tahoe and Suburban.
“Nobody in the industry offers a broader, fresher lineup of SUVs and crossovers than Chevrolet,” said Alan Batey, president of GM North America and brand chief of Global Chevrolet. “From the all-electric Bolt EV to America’s longest-running nameplate, Suburban, we’ve got something for every customer and lifestyle.”
Visit the Ron Westphal Chevy website for pricing on 2017 Traverse on sale now.
Happy Holidays from all of us at Ron Westphal Chevrolet!
If we can assist you in any way, please don’t hesitate to contact our Customer Care Team at 630-898-9630.
How to text from your Chevy – Apple Car Play, Siri and Chevrolet video featuring Danny Cardinal and Ron Westphal Chevrolet.
Did you know that you can safely send and receive texts from behind the wheel of your car, truck or suv? If you have a newer Chevrolet and a compatible smartphone, staying in touch while driving has never been simpler. Danny Cardinal show us how easy it is to stay plugged in.
Have Fun. Save Money. You can do both at Ron Westphal Chevrolet.
Buying a new or used vehicle here is an enjoyable, no-hassle experience. Our Chevrolet product specialists will exceed your expectations before, during and after the sale.
We are a recently renovated (family-owned) Chevy dealership located in Aurora, IL near Plainfield, Naperville and Oswego. Other nearby towns include Bolingbrook, Joliet, Sugar Grove, Elburn and Yorkville.
We are a full service dealership with an extended-hours Service department. Our Parts & Accessories department is large and well-stocked. Visit us today…Oil Changes do not require an appointment.
Service/Parts is open daily 7-7 and 8-4 on Saturdays. Can’t stick around? No problem! Ask about our FREE current model year service loaners.*
Ron Westphal Chevy is very popular with Chicago, IL residents due to our massive new, GM Certified and pre-owned inventory. And, we are less than 1 hour away from anywhere in the Windy City.
Looking for a vehicle that you can text in? Call our Customer Care Team at 630-898-9630.
Thanks to Danny Cardinal for starring in this how to text video!
*Must be 25 years or older with a valid driver’s license. See a Ron Wespthal Chevy service writer for complete details and qualifications.