Feeling Stuck in Your Auto Loan?

Feeling Stuck in Your Auto Loan?

Some bills can’t be changed. For other bills, though, a little legwork can make a big difference in your monthly payment. Your car loan payment is a great example. Refinancing your auto loan can lead to a lower monthly payment, a shorter payment term or both. It depends on various factors, including the value of your vehicle, how much you owe and your credit standing. Here are three common life changes that might mean it’s a good time to refinance your auto loan.

Why You Should Get Preapproved for an Auto Loan

Why You Should Get Preapproved for an Auto Loan

If you’re in the market for a new car, it’s important to get preapproved before you start shopping. The process of getting preapproved can take time, so it’s helpful to plan ahead. The lender will begin by asking for your current income and other personal information. If you have a co-borrower, the lender will need this information about them as well.

Why You Should Finance Your Auto Loan at a Credit Union

Why You Should Finance Your Auto Loan at a Credit Union

When shopping for a new car, your first stop for an auto loan should be your credit union. Though many people start their process on the dealer’s lot, you’ll typically enjoy a lower rate, a simpler loan application process and other benefits by choosing to finance your car with a credit union auto loan. Your credit union is here to help you move ahead financially!

Tips for Buying a Car During a Pandemic

car driving on the road

Buying a car is probably not your top priority right now. However, if your car breaks down, your lease is up or your car is totaled in an accident; you may not be able to wait. We know the unexpected happens and we’re here to provide you with helpful tips and resources to guide you through the car buying process safely during the Coronavirus pandemic.

All You Need to Know About Buying a Used Car

woman looking to buy a used car

Buying a previously owned vehicle can be a great way to save big on one of your most valuable possessions. If you’re in the market for a deal on used wheels, follow the steps below for a smoother ride.

Crunch the numbers

How are you paying for your new car? If you’re paying cash, you already have a car budget in place. If you’re taking out an auto loan, your lender will determine how much you can afford.

How to Prepare for the Costs that Come with Buying a New Car

Man admiring a new car and considering the daily expenses of owning a car.

When it comes to buying a new car, there’s more to consider than just the sticker price. You also have to factor in the costs that come with buying a new car like gas, insurance and maintenance.

You’ll want to have enough money to cover these daily driving expenses as well as making your monthly car payment. Before you buy a new car, take a look at the following car expenses and factor them into your savings goals.