In the VSECU Blog you'll find financial and lifestyle resources to help empower possibilities for your personal success.
Whether you’re traditionally a new car buyer or looking for a used car that will last longer, there are affordable and reliable options out there for you. This is your starter guide for shopping for a pre-owned vehicle—what to look for, what questions to ask, where to buy from, and more.
If you’re looking for your next car, you may have noticed that car inventory is low. If you’re currently leasing your vehicle, you may have more options at the end of your lease than you think. In fact, the best car for you may be the one you already have. Enter the lease buyout. With used cars retaining their value these days, here is what you need to know about this often-overlooked car buying option—when it makes sense, what to consider, and how to do it.
If you’ve ever purchased a vehicle, you probably know that you can spend almost as much time shopping for rates as you do picking out your new car. But what if I told you that you didn’t have to spend so much time finding the best interest rate? Yes, sometimes getting the lowest interest rate is extremely beneficial when it comes to your car payments. A difference of a couple of percentage points—0.9% compared to a rate of 3.9%, for example—can lead to huge monetary savings on your auto loan in the end, particularly on a higher-cost vehicle. However, often times, focusing on the interest rate does more harm than good.
Do you want to buy a car but worry that your bad credit will make it impossible for you to get financing? Bad credit can certainly create challenges for the car buyer, but it does not necessarily mean you’re out of luck. You may just need to take a few steps to prove to a lender that you are a trustworthy borrower.
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