Auto Finance Articles

Auto Finance Facts & Information

Before visiting a dealership, make sure you know how much you can afford to spend, decide whether you want to buy or lease, and research your auto financing options.  Doing your homework ahead of time will help ensure that you make a smart decision that you won't regret later. 

Auto Financing Options - Explore all of your financing options before you begin looking for a car.  Learn more about financing through a dealer, financing through your own credit union or bank, or leasing.

Buying a New or Used Car - If you're in the market for a car, consider the pros and cons of buying new versus buying used.  If this is your first car, read our "First Car FAQ's".

Buying or Leasing a Car - If you aren't sure if you should buy or lease a car, consider the pros and cons of both options before making your decision.

How Much You Can Afford to Pay for a Car - A general rule of thumb is that your total transportation costs should not exceed 20-25 percent of your monthly expenses.  Here is some basic information to help you determine how much you can afford to pay for a car.

The Car Buying Process - If you've never purchased a car before, this is a "must read" to make sure you make a smart, informed purchase decision.