Are you ready to hit the road in style with your dream vehicle? Financing your future vehicle doesn’t have to be a daunting task. While auto loans from our credit union in Harlingen and personal financing are common, you can go about shopping smart. Auto loans might be the right choice for you if:
- Lower Interest Rates: You’re seeking competitive interest rates to minimize the overall cost of your vehicle.
- Credit Repair: You’re looking to improve your credit score while financing your vehicle.
- Need for Speed: You require quick access to finances to seize an excellent deal on your dream car.
With these tips and tricks, you’ll be behind the wheel of your new car or vehicle in no time.
Vehicle Shopping Tips and Tricks
Before diving headfirst into your vehicle purchase, consider these essential factors:
- Consider buying at the end of the month when salespeople may be more inclined to meet sales quotas, potentially leading to better deals.
- If the dealer isn’t willing to meet your terms, be prepared to walk away. There are plenty of other vehicles and sometimes, walking away can lead to a better deal.
- Do thorough research online to compare prices for the specific make and model, and utilize websites and apps that provide pricing information and historical sales data to understand what a fair price should be.
Pros and Cons of Dealer Financing:
Dealer loans can be buyer-friendly, offering flexibility depending on your financial situation. Consider the following benefits and risks:
- Dealerships can connect you with reputable lenders for competitive rates.
- Manufacturer-affiliated finance companies often provide special financing offers.
- Some dealerships offer in-house financing, which can be convenient for certain borrowers.
Financing a car through a dealership may not always be the best choice due to several reasons.
- Dealership financing often comes with higher interest rates, resulting in higher overall costs for your vehicle.
- Dealerships may push additional, unnecessary add-ons or services, increasing the total loan amount.
- They may have limited flexibility, making it harder to negotiate terms that suit your financial situation.
Rely on our Credit Union in Harlingen
Financing your car through a credit union can be a smart move for several reasons:
- Credit unions typically offer lower interest rates on auto loans compared to traditional banks, which can save you money over the life of your loan.
- They are also known for their excellent customer service and personalized approach, ensuring that you receive a loan tailored to your financial situation.
- We have flexible terms and competitive loan options, making it easier to find a financing solution that suits your needs.
- By choosing a credit union like VFCU, you not only gain access to these benefits but also become part of a community-focused financial institution that prioritizes you.
Our Current Rates
Not only do we offer excellent credit options, low and competitive rates, and vFCU membership benefits, but also banking support. Our current rates include:
- New vehicles for up to 75 months as low as 5.15%**
- New vehicles for up to 84 months as low as 6.50%**
- Used vehicles for up to 72 months as low as 6.50%**
- Used vehicles for up to 84 months as low as 7.50%**
Contact Us About Our Auto Loans
Becoming a member of VFCU opens the door to a world of financial opportunities, so don’t miss out. Become a member online today!
*Rates are subject to change without notice
**Certain terms and conditions apply. For more information visit our main office or our Harlingen branch.
