Tag Archives: auto buying

Comparing the Costs: Buying a New Car vs. Used

Member Moment : Karen’s Auto Solution Story

Karen.

Going to the car dealership can be stressful. From dealing with the salesperson, to negotiating, and just about everything in between. It is hard, and honestly can be a bit scary. Which is why USAgencies Credit Union partners with Auto Solution, a trusted local auto broker. They are knowledgeable auto consultants who will find the car of your dreams… and you don’t even have to leave the house.

Recently Karen, USAgencies’ member since 1979, used Auto Solution for her first time after talking to her loan officer. Can you guess what she loved most about her experience? You guessed it, not going to the dealership! “My favorite part was not having to go play the game with the sales people. They are just so annoying, and pushy and talk you into things that you don’t really want to do.”

Karen was kept informed every step of the way by Auto Solution, and not only did they get her a great deal on her new car, they also helped her trade in her old vehicle. “I feel that anyone who uses Auto Solution could benefit from their service. Well worth it. Just stay at home, let them negotiate for you, then deliver your new car to your door. Does it get any better than that?!”


Auto Solution is our trusted auto broker with 25 years of industry experience. Between now and Dec 22nd, purchase a vehicle with Auto Solution, and finance with us, and they’ll donate a bike to a local child in need. Learn more.

 

 

5 Reasons to Start the Car Search at Your Credit Union

Before you set foot on the dealer lot, you’ll want to be informed about your options. Here are 5 reasons why starting the search at your CU is the better deal… 

Lower rates.
Maybe you’ve come across a dealership offering 0% financing on certain cars. Seems like that might be the best deal, right? If you check out the fine print, it’s usually not. Dealers often use this low rate to tempt buyers onto the lot, and into their financing office. Once you begin the purchase process, and start to fill out their paperwork, you may not qualify for that special 0% rate. Dealers count on those buyers that don’t qualify for the 0% to balance out any loss they might take, and their non-qualifying rates are usually substantially more than the 0% offer.

Better prices.
GAP (Guaranteed Asset Protection) insurance protects you against having to pay out your loan balance if your car is stolen or totaled. It’s a smart thing to add to your new car purchase, however you’ll want to be careful who you purchase it from. Some dealers require you to buy GAP insurance if you finance through them, and they can be much more expensive than what you’ll find at your Credit Union. The dealer is counting on you not to ask questions or to shop for a better deal. Compare USAgencies GAP product to the dealer’s, and you’ll find it’s a great deal. And we welcome your questions! Our mission is to Improve Each Member’s Financial Life. The more informed you are, the smarter a shopper you are, and the better a deal you’ll get.

Personalized service.
Members tend to have a much more personable experience at a credit union when compared to the financing department at the dealer. At your Credit Union, there are no high-pressure sales tactics- you can openly discuss any concerns you might have about your loan, talk about repayment options and review your personal financial goals with a professional that’s dedicated to your best interests. When you know your Credit Union offers quality loan products, fair pricing, and transparent lending policies, this can help alleviate some of the pressures of securing vehicle financing.

Educational resources.
Credit Unions have a ton of educational resources available to their members (usually for free) to help you make the best possible financial choices. From learning more about financing options, to calculating your monthly payment, to understanding additional insurance options—your Credit Union wants to do everything it can to help you make the best decision for your needs and goals. USAgencies Credit Union also has a whole host of financial education tools available to members online. From webinars, to articles, to interactive modules, USACU is here to help ensure you’re making an informed purchase. Feel free to browse our online resources anywhere, anytime.

Owned by YOU.
Unlike dealerships, or banks, which often create high-pressure sales goals and give bonuses for the loans they get approved, credit unions work for our members. We’re owned by our members, so we always have your best interests at heart. We aren’t trying to sell you products or services you don’t need, just to make a profit. We’re not-for-profit, so all profits made end up being returned to you in the form of lower rates, lower and fewer fees, and better savings rates. If you don’t like the pressure of working with lenders dealer financing company or bank, consider heading to your Credit Union first. We’ll steer you in the right direction.

 


Need one more great reason? Now through Oct. 31, you can save 1.00% on your auto loan rate during our Smart Savings Car Sale!

Questions about how to begin your search? Connect with us.

New Partnership : Auto Solution

Introducing Auto Solution, a new auto broker partner with 25 years of experience.

 

Who is Auto Solution?

Auto Solution is a vehicle-buying service for our members. They are dedicated to the elimination of any and all hassle in the auto-buying process.
What services do they offer?
  • New & used vehicle purchases
  • CarFax vehicle history service
  • Kelley Blue Book used car pricing
  • Member auto buying seminars, and much more!
How does the process work?
  1. Browse their investors at CUAUTOSOLUTION.COM or call (503) 238-2429. You’ll work with an auto buying expert who will learn about your needs and budget.
  2. Connect with a Lending Specialist at USAgencies to get pre-approved so you’re ready to purchase – (503) 275-0300 option 2 or LOANS@USACU.ORG.
  3. Auto Solution will locate the vehicle you want from its dealer network and call you back, often within just a few hours. They can negotiate the purchase price at or near dealer invoice or wholesale so you save!
  4. You’re new car is delivered right to your home or to USAgencies, whichever is most convenient for you.

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