What To Know Before Buying A Car
Are you ready to go car shopping? There are a few important things to consider before you walk into the showroom and go for a test drive. How much do you want to spend? What kind of vehicle do you want? And where should you buy it?
Where you shop for a car is just as important as the car you’re buying. You want to work with a trusted dealer, one with a proven track record of giving customers a positive car buying experience. To help find the best financing options, Inspire FCU created the Dealer Partnership Program. We work directly with reputable dealers in the area, simplifying and streamlining the car buying process. Learn how the partnership works, and why it’s a fantastic way to find the right dealer and the best deal.
How To Find The Right Car Dealer
Auto loans and financing may sound intimidating, with different rates, terms and sometimes dealer incentives. Where do you start? How do you know you’re getting a good deal? Are there hidden fees? Eliminate the stress by working with the right lender and the right dealer. Inspire FCU can walk you through all available loan options and explain every part of the process.
The first step: When shopping for a new car or truck, take a quick look at Inspire FCU’s list of dealer partners. Here you’ll find a wide range of community-minded dealers dedicated to finding the best deals for their customers.These dealers partner with Inspire FCU to improve financing options and make buying a car easier for our members and non-members.
Simply tell the dealer you are a current Inspire FCU member. You don’t need to do anything else. Even non-members can ask the dealer to use Inspire FCU for financing options.
You will be offered a competitive rate with a local financial institution. Because a credit union is nonprofit and member-focused, Inspire FCU offers attractive financing options, often better than bigger banks.
For our members, by working directly with Inspire FCU the auto loan is connected to your other Inspire FCU accounts. This makes it even easier to manage payments. And you’ll always have the high-quality customer service Inspire FCU provides to all of its members
The Bargaining Benefits Of Pre-Approved Auto Loans
If you’re shopping for a vehicle from a dealer not in the Inspire FCU partner program, there are still ways to save with a pre-approved auto loan. A pre-approved auto loan is a specific loan offered by a credit union. Before you shop for a car, the terms of the loan are agreed ,including the amount of the loan, the interest rate, the payment schedule and all other details.
With a pre-approved loan, you have a real dollar amount to work with and can plan accordingly. You’ll know how much you can spend on a car. You’ll be better prepared to plan monthly expenses. And best of all, you can find better deals.
Getting pre-approved for an auto loan gives you better bargaining power at the dealer. Having a pre-approved auto loan is like having cash in your pocket when you shop for a car. And as an informed shopper, you’ll be in the driver’s seat of the negotiation.
Discover Stress-Free Car Shopping
The car buying process may seem intimidating, and can create stress and anxiety. Working with a trusted dealer is the first step to a worry-free car buying experience. The dealers in Inspire FCU’s partnership program are trusted and reputable places to shop for a car.
By working with one of Inspire FCU’s partners, you’ll discover savings and financing options that work seamlessly with your Inspire FCU account. Current Inspire FCU members and non-members will find fantastic rates. Tell the dealer you’d like to use Inspire FCU to finance your new purchase, and that’s it.
And when negotiating with a dealer outside of the partner program, a pre-approved auto loan is a great way to give yourself real bargaining power. You can get started right away.
The friendly staff at Inspire FCU can walk you through your options and help you make informed decisions about buying a car. If you’re looking for a new set of wheels and want to shop smart, stop by your local Inspire FCU branch or call us today.