The simple, yet powerful, idea that ordinary people could pool their assets, make loans to each other, and learn how best to manage their money has stood the test of time. If it's time to replace that aging vehicle, your credit union can help. Basically, it comes down to what you want and can afford. Buying a new vehicle has many advantages, including getting the vehicle exactly as you want it, obtaining full manufacturer's warranty, and having little if anything to worry about when it comes to repairs. However, buying used can be a better choice, especially if your budget is limited.
Many late models are on the market, some with a portion of the manufacturer's warranty remaining.
Two factors to consider before you buy are that the car is in good mechanical shape and that it is priced fairly. Your credit union urges you to have any used vehicle you are considering buying checked by a qualified mechanic. Fair market value can be easily determined by consulting any number of pricing guides available at your credit union or on the Internet. Whether you decide to buy new or used, your credit union urges you to carefully consider all of the pros and cons before you visit the car lots. When you're ready to buy, we'll be ready with reasonable finance terms.