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There’s nothing quite like that new car smell. Buying a new (or new to you) vehicle can be a fun and exciting time, but it is also an important financial decision. Knowing this, auto shoppers can be left wondering how they should prepare for their vehicle purchases before they hit the lot.
Americans take out millions of dollars in auto loans each year. Because these loans are so popular, they also tend to be the subject many widespread financial myths. At Sioux Falls FCU, we hear these myths all the time from our members, and we decided that it’s time to set the record straight.
There’s a lot to love about the end of the year—the holidays, the change in seasons and the ringing in of the new year. You also might’ve heard that the end of the year is the best time to buy yourself a new car, but why does buying during the holiday season save you money on a new set of wheels?
We’ve all got a little adventurous spirit in us. But if you find yourself clamoring for some outdoorsy getaways, you may be in the market for an RV or camper. Buying a second vehicle for recreation comes with many considerations to keep in mind.
Whether you’re content with your vehicle loan or not, there may come a time when refinancing is the right way to go. Here are four signs refinancing your auto loan might be a good plan.
Vehicle lending ads are usually jam-packed with jargon and acronyms that don’t always make sense to first-timers. One that you’ve probably heard a time or two is “APR”—but what does this mean, anyhow?
