The How and Why Behind Our Auto Loan Program

We are so thankful to be part of stories like this one. The Wangsgard family contacted our Auto Loan Department because they needed help to buy a new van to drive their son around. Buying a new van means they will not only have reliable transportation for doctor visits, but will also be able to take their son on trips which he enjoys so much! 

Buying a new car is an exciting time. There are countless options on going about purchasing a new car but we recommend these 10 valuable tips to consider before you purchase your next car.

1. Determine Your Budget 
   Approach purchasing a new/used car with a financial budget in mind, centering your budget around a price you feel comfortable with.
   
   
2. Know Your Affordability
   This is in relation to determining your budget. Add up all your expenses and subtract from your monthly income and with the left-over income, you can determine a total price that works for you.
   
   
3. Narrow Your List 
   Find a car that fits your needs and your budget. For example, the Wangsgard family had a need for a van to be reliable and wheelchair accessible for their son’s wheelchair.
   
   
4. Do you want it or need it? 
   Prioritizing your needs vs. your wants will help you determine the right choice for a car. To be sure of your needs, write them down, talk about them with a family member or spouse and then go into the car buying market.
   
   
5. Research 
   The internet is a great tool for limitless research and is always available at your fingertips. Take the time to research this large financial investment.
   
   
6. Find A Dealership 
   Research local dealerships, paying attention to the ones that earn a positive reputation. Seek friends, family, or even your credit union    for recommended dealerships.
   
   
7. Test Drive 
   Take the car for a test drive in the conditions that are similar to your daily routine and get a feel for how the vehicle operates and how you manage driving a new car before deciding on a purchase.
   
   
8. Determine the Proper Price for Purchasing 
   Do not reveal what you can pay each month, but stick to a purchase price instead. Feel free to test the waters by negotiating near a price you prefer and see how it is received.
   
   
9. Secure Financing 
   Have a game plan regarding the financing of a car before speaking with a finance representative at the dealership. The Wangsgard family made sure to speak with the auto loan department at America’s Christian Credit Union before going to the dealership so they could keep an accurate frame of reference about what  they could afford.
   
   
10. Enjoy the Process 
    Buying a car takes patience. Make the time to understand the car buying process and it will make your experience an enjoyable one.