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?
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 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 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 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...
Help Your Teen Find the Right Car
Help Your Teen Find the Right Car It’s essential to consider safety, affordability, and reliability when purchasing a teen’s first car, according to William Van Tassel, Ph.D., manager of driver training programs for the American Automobile Association (AAA). Van...
Buying A Car with the RAIN Method
The RAIN Method for Buying a Car Using the RAIN method can help you make a wise decision when buying a car. The average cost of a new vehicle today is around $35,000. Whether you’re looking for a brand-new car or a reliable used ride, you want to get the most for your...
Preapprove Your Way to a Better Car Deal
Before you set foot on the car lot, get preapproved for an auto loan at Armco Credit Union. Getting preapproved for a car loan means you’ll know what kind of rate you’ll pay, and what size loan you’re qualified for. Armco Credit Union allows you to...
We Finance Used-Car Sales From Private Sellers
Did you know Armco Credit Union can set you up with a low-interest car loan, even when you’re buying from a private seller? Buying from a private seller instead of a dealer can help you get the best price on a used vehicle. You’ll need to do some extra research to...
