1. Do your homework before you get to the dealership
Narrow down your choices so you only need to take a few test drives. Find out the typical price for comparable vehicles if you're buying used and look up rebates and incentives for new cars. The more you know, the lower the price you will pay. You can use the PrimeWay Federal Credit Union Member Auto Center to research cars in your area. You can research new and used cars, you can search preowned inventory from preferred dealers, get price quotes, find out what your trade-in value is and learn new car buying tips and tricks and apply for an auto loan, all in one place.
2. Get preapproved for your auto loan before you go
The most effective "closers" at the dealership are usually in the finance office, where they may try to get a good chunk of your money on an interest rate that could possibly be higher than you should pay. Your favorite Houston credit union can help you get started right here! You can be confident knowing you’re getting the best auto loan rates and low-rate auto loan financing options by getting preapproved from PrimeWay.
3. Don't forget your trade-in
Find out how much people are paying for vehicles that are comparable to yours so you know how much to expect. Plus, you can always sell your trade-in on your own if you find a good deal!
PrimeWay Federal Credit Union is your Houston local credit union with the best rates on auto loans!
Looking for a car, but hate haggling over the price? Here’s how you can get the best deal on your next car!