Memorial Day is right around the corner and so are some great deals on a new car! If you’re in the market for a new automobile, maybe you think the easiest way to get your dream car financed is to obtain dealer financing at the time you buy the car. In a sense, that’s true – as long as you don’t mind spending more time and money than necessary just to make things “easy.”
Hit the Road this Memorial Day: Why Your Next Car Loan Should Be From a Credit Union
Stop Making These 5 Car Buying Mistakes
Shopping for a new car has never been easier.
There’s never been greater access to information on everything from make, model, fuel efficiency, past accidents and more to help you make the right decision.
Yet, consumers continue to make the same buying mistakes.
Are you guilty of these?
5 Stages of Buying Your First Car
The time has come where you can't accomplish your daily tasks without a car. Here are the stages you'll probably go through while buying your first car.
Millennials are Driving Changes in Cars
When most people think of millennials, they envision kids too distracted by smartphones to actually drive. Instead, they use Uber and Lyft to go everywhere….even if it’s just a few blocks.
Everything You Need To Know About Buying A Used Car
Buying a used car from a private party or a dealer can be a very daunting task. There’s nothing more frustrating than buying something that doesn’t work well, especially something as expensive as a car. There are A LOT of things to consider when looking to purchase a car. Before you make the big decision, take these tips into consideration!
The Truth About Auto Loan Ads
Are Car Ads Taking You For a Ride?
Whether you’re buying or leasing, shopping for a car can be fun and exciting. But wading through ads and promotions offered by car dealers also can be stressful. Some advertise unusually low prices, low or no up-front payments, low- or no-interest loans, or low monthly payments. Others promise high trade-in allowances, free or low-cost options, or rebates. And if you’re looking to lease a vehicle, ads for very low — or no payment — at signing may be especially enticing.
But the Federal Trade Commission, the nation’s consumer protection agency, says beware: Not all dealers play by the rules. Details about special offers and promotions may be buried in the fine print, clicks away from online claims, may not be disclosed at all, or may not be disclosed until you get to the showroom or the finance office. But the law requires that if a dealer advertises discounts, prices, or special low payments, the ads must clearly explain the important details of the offers and how a buyer may qualify for them.
To find your best deal, shop around and compare offers from different dealers and financing sources like banks or credit unions. Ask the right questions, and make sure all promises and terms are in writing before you sign on any dotted lines.