Whether you’re trading in or trading up, prepare before you shop so you don’t make an emotional decision that will cost you more than you wanted to spend.
Evaluate needs vs. wants. Do you need the sunroof and double DVD players? Would a hybrid work with your commute? Do the kids and dog fit in the back seat? Asking yourself some basic questions can save you time and money when you’re ready to shop.
Have your homework handy. Do a little web research and arm yourself with your trade-in value, the current manufacturer deals on models you are interested in, and incentive programs available.
Get pre-approved first. Knowing how much loan you qualify for and what fits your budget can narrow your choices and put you in a better negotiating position. Since many dealers make their money in the financing and not the sale price, you’ll be one step ahead.
Call us at 800.991.2221 or visit ConsumersCU.org so we can help with your next auto loan. We can provide car pricing information and our rates are competitive. It makes sense to do business locally, with people you know and trust.