Buying a Car
Thing to Consider
Whether you’re buying first vehicle or looking for an upgrade, here are some helpful tips.
- Determine what you are looking for in terms of make, model, and style, and what you can afford
- Check with your insurance provider to see how your purchase will change your monthly payment
- Use online sites like carsoup.com, dealerships, and private selling sites like Craigslist to find listings
- If buying from a private seller, inspect the vehicle or ask a mechanic to come along to inspect it. There are a number of DIY checklists to reference online.
- Paying too much and looking for something more affordable? Maybe a lower rate is all you need. Consider refinancing to a lower rate before starting from scratch.
Time + Money Savers
We want to be sure you save time and money when purchasing your vehicle. Here’s how we can help.
- Check out vehicle financing options from US Federal: variety of terms and payment options and additional incentives are often available
- For being a member of US Federal, you can receive a discount on your auto insurance with Liberty Mutual
- Get preapproved before you shop to save time and hassle when purchasing
- Take advantage of the services of RECON Ltd. to help you find the best price available for what you are looking for
Go-To Calculators
- How much car can I afford?
- How much will I need to save for a major purchase?
- How much can I afford to borrow?
- How much will my loan payments be?
- How much should I save each month?
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