The new CARS Rule: What you need to know

The new CARS Rule: What you need to know

By Alvaro Puig, FTC Consumer Education SpecialistDecember 12, 2023 Editor’s note: The Rule took effect on July 30, 2024. Whether you’re excited about buying the car of your dreams or just trying to make your budget stretch to get reliable transportation, the car...
When It Comes to Car Loans, Shorter Is Often Better

When It Comes to Car Loans, Shorter Is Often Better

A longer-term loan can make even the most expensive car look affordable. By stretching out the loan over many years, your monthly payment is likely lower, but you could end up paying a lot more in interest. Still, many people find such loans attractive. The average...
The Lease Is Up—Should You Buy the Car?

The Lease Is Up—Should You Buy the Car?

By: Credit Union National Association Your auto lease gives you a right to buy the vehicle for a fixed price at the end of the lease. But should you? If you have less than three months remaining on a lease, now’s the time to decide. So, find your lease and read...
5 Reasons Credit Unions Offer the Best Auto Loans

5 Reasons Credit Unions Offer the Best Auto Loans

5 Reasons Credit Unions Offer the Best Auto Loans The average cost of a new vehicle today is around $37,000. The purchase of a car likely will be the second largest expenditure you have, second only to the purchase of a home. Whether you desire the shiny, brand new...
3 Things You Need to Know Before You Buy a New Car

3 Things You Need to Know Before You Buy a New Car

3 Things You Need to Know Before You Buy a New Car There are many things to consider before purchasing ANY car, but a NEW car might spark particular questions. There are pros and cons to buying new cars, just as there are pros and cons to buying used cars. First off,...
Teenage Drivers Dilemma: How to Afford It

Teenage Drivers Dilemma: How to Afford It

Teenage Driver’s Dilemma: How to Afford It  Learning how to drive a car is one of the big milestones in a teenager’s life. Learning how to pay for its upkeep isn’t as exciting, but just as necessary. Here are a few simple tricks to help you keep your wallet happy. New...