Buying a New or Used Car

I don’t know about you, but the first quarter of the year usually means tax returns, raises, and bonus checks. These extra funds often lead to large purchases. With hundreds of makes and models to choose from, how do you narrow down the search? Most people first look at monthly payment rates. Gas mileage and car history is also a good thing to review.

Now that you’ve narrowed down what you’re looking for how does the purchasing begin?

• Do the research. Buyers can save themselves a lot of time and money by researching various automotive dealerships online before arriving on the lot. Many dealerships list available cars and special deals on their website.
• Test drive. Just because a vehicle looks good on paper doesn’t mean it will fit your style and comfort preferences. This is a big purchase; drive it around to make sure it will suit your lifestyle for a long time.
• Consult a credit union. As a not-for-profit, member-driven financial institution, Sharefax returns its earnings to members in the form of lower interest rates, making it your best bet for an affordable vehicle loan.

To learn more about how a credit union can help you with your next big purchase, visit our website at www.sharefax.org or call us at (513) 753-2440.