Before You Purchase Your Next Auto Contact the Credit Union

Dealer Pitfalls to Avoid

▪ Get your loan approved before you go auto shopping

▪ If you find the auto you want, Never Drive Off the Lot until you have
secured credit union financing

▪ Obtain a signed and agreed upon purchase order

▪ Check with the credit union before taking GAP or any auto warranty from
the dealer. These products are less expensive at the credit union

▪ Beware of dealer financing. The credit union can offer you a better interest
rate

▪ Know the NADA or the Kelly Blue book value of your vehicle before using it
as a trade-in. The dealer will always give you much less than what your
vehicle is worth. Knowing the value of your vehicle will give you more
negotiating power

▪ Think twice before purchasing extras. Ask yourself, “Do I really need…”
Extras tend to increase the cost of the vehicle. Always negotiate these
items

▪ Know the dealer’s interest rate. This rate will determine the cost for
borrowing money to finance your vehicle

▪ Beware of dealer teaser rates. Zero interest rates are primarily reserved for
those individuals with excellent credit scores

▪ Call the credit union to discuss the dealer’s offer

▪ Have the credit union representative review the purchase order to ensure
that you are not overpaying for the vehicle. If you agree to pay over the
value of the vehicle, the credit union will not be able to finance negative
equity

▪ Avoid dealer pressure. Remember, there are more than one dealership
selling autos

REPO’s FOR SALE IN ALABAMA
REPO’s FOR SALE IN ALASKA
REPO’s FOR SALE IN ARIZONA
REPO’s FOR SALE IN ARKANSAS
REPO’s FOR SALE IN CALIFORNIA
REPO’s FOR SALE IN COLORADO
REPO’s FOR SALE IN CONNECTICUT
REPO’s FOR SALE IN DELAWARE
REPO’s FOR SALE IN FLORIDA
REPO’s FOR SALE IN GEORGIA
REPO’s FOR SALE IN HAWAII
REPO’s FOR SALE IN IDAHO
REPO’s FOR SALE IN ILLINOIS
REPO’s FOR SALE IN INDIANA
REPO’s FOR SALE IN IOWA
REPO’s FOR SALE IN KANSAS
REPO’s FOR SALE IN KENTUCKY
REPO’s FOR SALE IN LOUISIANA
REPO’s FOR SALE IN MAINE
REPO’s FOR SALE IN MARYLAND
REPO’s FOR SALE IN MASSACHUSETTS
REPO’s FOR SALE IN MICHIGAN
REPO’s FOR SALE IN MINNESOTA
REPO’s FOR SALE IN MISSISSIPPI
REPO’s FOR SALE IN MISSOURI
REPO’s FOR SALE IN MONTANA
REPO’s FOR SALE IN NEBRASKA
REPO’s FOR SALE IN NEVADA
REPO’s FOR SALE IN NEW HAMPSHIRE
REPO’s FOR SALE IN NEW JERSEY
REPO’s FOR SALE IN NEW MEXICO
REPO’s FOR SALE IN NEW YORK
REPO’s FOR SALE IN NORTH CAROLINA
REPO’s FOR SALE IN NORTH DAKOTA
REPO’s FOR SALE IN OHIO
REPO’s FOR SALE IN OKLAHOMA
REPO’s FOR SALE IN OREGON
REPO’s FOR SALE IN PENNSYLVANIA
REPO’s FOR SALE IN RHODE ISLAND
REPO’s FOR SALE IN SOUTH CAROLINA
REPO’s FOR SALE IN SOUTH DAKOTA
REPO’s FOR SALE IN TENNESSEE
REPO’s FOR SALE IN TEXAS
REPO’s FOR SALE IN UTAH
REPO’s FOR SALE IN VERMONT
REPO’s FOR SALE IN VIRGINIA
REPO’s FOR SALE IN WASHINGTON
REPO’s FOR SALE IN WEST VIRGINIA
REPO’s FOR SALE IN WISCONSIN
REPO’s FOR SALE IN WYOMING