Tip of the Month

April 2010

Tips to Know Before Purchasing a Vehicle

Cash or Credit - You should first establish how much you are willing to spend. If you have been saving money for a vehicle you are defiantly ahead of the game, but it doesn’t hurt to find out what you can get approved for on a loan. Auto loans are a great way to establish credit and the money you have saved so far can be put down toward your purchase. Call or stop in to the nearest Service 1 FCU location today to learn more about your loan options.

Shop and Save - Research your options. After you decide how much you want to spend start researching vehicles that may fall into that price range. Figure out the history on specific types of vehicles. With the internet at our finger tips you can find so much out about specific vehicles and their reputations.

The First Feel - It is an exciting moment to see the vehicle of your dreams. Don’t let sales men pressure you or rush you into a decision. Take your time and use your notes to decide what you will test drive and stay in control. Take someone to test drive with you. Another opinion you can trust can make for a better experience.

Inspect and Research - Have a mechanic look over the vehicle and run a diagnostic test. They may notice minor issues that can result in big costs later down the road.

One More Day - So you think you have found what you are looking for. Take a step back and give yourself one more day. Taking a step back from your excitement to think it over will help avoid making a bad decision.