Buying a vehicle?

Buying a vehicle?

Buying a vehicle can be a hassle when you want to get the best deal but you’re not sure where to start. Here are a few steps you can take to make the buying process less stressful:

  1. Decide on a budget. Generally, you don’t want to budget more than 25% of your monthly household income for all the cars in your household. Keep in mind that it is important to figure in car insurance and fuel on top of your monthly auto loan payment.
  2. Secure financing from Schools Financial. Credit unions tend to offer loans that are 1% to 2% lower on average than a standard bank. Check our low rates here.
  3. Time your visit. Going to a dealership towards the end of the day, end of the month and holidays can be advantageous. A salesperson is more likely to negotiate down to a lower price with you to meet their sales goals.