× Close search
Search

Lease vs Buy: Which is Best for My First Car

Posted by Carolina Trust Federal Credit Union on Jan 28, 2022 9:45:00 AM

First time auto buyers have a lot to consider when deciding whether to lease a brand-new car or buy an affordable vehicle they will someday own. While leasing may offer a newer, fancier car with lower monthly payments; obtaining a car loan and buying your first car you will someday hold the title to is very (financially) appealing.

Read More

Topics: Personal Finance, Auto Loans & Car Buying

7 Tips on How to Buy a Car with Questionable Credit

Posted by Carolina Trust Federal Credit Union on Jan 19, 2022 9:15:00 AM

When you have good credit, qualifying for a car loan is easy. However, if your credit is less than satisfactory, the situation is more difficult. Fortunately, it is possible to purchase a car even if your credit isn't perfect. In fact, NerdWallet reports that more than 1 in 5 car loans goes to borrowers with credit scores below 600.

Read More

Topics: Personal Finance, Auto Loans & Car Buying

8 Things Every First Time Car Buyer Should Know

Posted by Carolina Trust Federal Credit Union on Jan 13, 2022 2:45:00 PM

Congrats! Buying your first car is an exciting and rewarding experience. But while it may be tons of fun, there are some things that you must know as a first time car buyer to ensure that you choose the right vehicle for your needs and budget. Here are some first time car buyer tips to ensure your success.

Read More

Topics: Personal Finance, Auto Loans & Car Buying

7 Common Misconceptions About How To Get An Auto Loan

Posted by Carolina Trust Federal Credit Union on Jan 7, 2022 9:52:00 AM

You should never believe everything you hear, especially when it comes to auto loans. Misinformation about how to get an auto loan has spread and become common misconceptions. These misconceptions can lead people in the wrong direction when pursuing an auto loan.

It’s more important than ever before to know the facts about how to get an auto loan. We’re about to break down the biggest misconceptions that accompany getting an auto loan. It’s time for you to learn the truth.

Read More

Topics: Personal Finance, Auto Loans & Car Buying

What You're Missing in Your Search for the Best Car Loan Rates

Posted by Carolina Trust Federal Credit Union on Dec 29, 2021 1:47:00 PM

Here's What Will Really Help You Find the Best Car Loan and Car Loan Rates

If you're shopping for a car, chances are you're also shopping for a car loan. The interest rate on your car loan has one of the biggest impacts on the overall cost of your car. While the dealership may advertise amazing rates that seem impossible to beat, the truth is you can get a far better rate if you know how to shop. Here are some surprising secrets that will help you get a great rate on your car loan.

Read More

Topics: Personal Finance, Auto Loans & Car Buying

How to Find the Best Cars and Car Loan to Finance Your Purchase

Posted by Carolina Trust Federal Credit Union on Dec 20, 2021 1:47:00 PM

Buying an automobile does not happen every day, and that adds a layer of unfamiliarity to the process. Researching the best cars available and securing a car loan presents a specific set of challenges.

Read More

Topics: Personal Finance, Auto Loans & Car Buying

Selecting the Best Used Cars and Car Loan for You [10 Tips]

Posted by Carolina Trust Federal Credit Union on Dec 16, 2021 1:46:00 PM

Shopping for and buying used cars is not something most people do every day, which means the task can be quite daunting – especially if it's your first time trying to find the best used cars and a great car loan to go with it. To make sure you get a fair deal on the used car of your choice, prepare yourself for the search, negotiation, and financing process by considering the following used car buying tips.

Read More

Topics: Personal Finance, Auto Loans & Car Buying

Our Top Tips to Determine the Best Times of the Year to Buy a Car and Get a Car Loan

Posted by Carolina Trust Federal Credit Union on Dec 13, 2021 1:46:00 PM

If you're contemplating a car purchase, you are likely looking for ways to save. After all, spending several thousands of dollars on a vehicle is not something to do without careful thought. One way you can save is through timing your car purchase. By buying your car and getting a car loan at the right time, you can save substantially. Here are the secrets to helping you save through proper timing on your car purchase.

Read More

Topics: Personal Finance, Auto Loans & Car Buying, Seasonal

MSRP Meaning - Why MSRP Is NOT the Final Price for Cars

Posted by Carolina Trust Federal Credit Union on Dec 10, 2021 1:46:00 PM

When you head to a car dealership and start looking at the window sticker for cars that catch your eye, you may be confused by the many different prices you see listed. One of those, the MSRP, is an important figure for your future car purchase negotiations.

Read More

Topics: Auto Loans & Car Buying

4 Tips You Should Know When Using an Auto Loan Calculator

Posted by Carolina Trust Federal Credit Union on Dec 9, 2021 1:45:00 PM

Here's How to Make Sure You Don't Overpay for Your Car and Car Loan

Everyone wants to get the best price on their next car purchase. Finding a car with the right price is the first step, but you'll also need to carefully consider your loan. An auto loan calculator is a helpful tool to use as you analyze car loans. This tool allows you to input the vehicle's price, loan term, and interest rate, as well as other fees and costs, to see both the monthly payment and total cost of the loan over its lifetime. By using it well, you can avoid overpaying not only for the car itself, but also for the loan. If you've never used an auto loan calculator before, these tips will help you make the most out of this tool.

Read More

Topics: Personal Finance, Auto Loans & Car Buying

Carolina Trust Federal Credit Union Blog 

Welcome to the Carolina Trust Federal Credit Union Blog! We're excited to share financial tips and information for a variety of different topics.

alwaysaugust_2colorlogo

Check out recent blog posts by our Brand Ambassador, August, for tips on achieving financial success in the bag. 

 

Subscribe Here!

Recent Posts