PSECU Asks You: Buying a Car

PSECU Asks You: Buying a Car

Are you in the market for a new or used vehicle? If so, there are many things to consider before starting your search.

We visited Little Amps in Harrisburg to ask individuals for their best car buying tips. The most common themes we heard from participants included doing your research and understanding your financing.

Do Your Research

One of the first tips we received was to do your research before you go to the dealership. Understand how much car you can afford, know what kind of car you’re looking for, and have a firm budget.

A smart way to stick to your budget is to get preapproved for an auto loan from your financial institution of choice. In addition to our competitive auto loan rates, PSECU offers preapproved loans, called AutoDrafts, that allow you to have a check in hand when you go to any authorized car dealer. This sets a limit on how much you can spend.

You can also talk to insurance companies before you go to the dealership to get a better idea of how much auto insurance will cost for different models and to help expedite the paperwork once you’re ready to purchase.

Another tip was to do additional research at the dealership. Before you buy a car, take it for a test drive and make sure you’re comfortable with the features it has and how it drives.

Understand Your Financing

Before you sign any paperwork, make sure you’re aware of all terms and conditions related to your car loan. Don’t just look at the monthly payments, but also the length of time you’ll be making them, the interest rate, and the overall price you’ll pay for the car.

Enjoy Your New Ride

Once you’re approved for a car loan and have the keys in hand, it’s time to enjoy your new ride. There are countless road trips you can take, whether you’re headed down south, to the beach, or on an adventure with your favorite furry friend.

It’s our goal to help you enjoy your new ride at a lower cost. With low rates and loan term options to fit your needs, our no-hassle auto financing helps you get into the car of your dreams. Learn more about our competitive new and used auto loans today.

The content provided in this publication is for informational purposes only. Nothing stated is to be construed as financial or legal advice. PSECU does not endorse any third parties, including, but not limited to, referenced individuals, companies, organizations, products, blogs or websites. PSECU does not warrant any advice provided by third parties. PSECU does not guarantee the accuracy or completeness of the information provided by third parties. PSECU recommends that you seek the advice of a qualified financial, tax, legal or other professional if you have questions.