Your auto-buying experience is our bottom line

December 19, 2014 | Liz Schrock

Your auto-buying experience is our bottom line

Your auto-buying experience is our bottom line

Searching for a new vehicle, or refinancing what you have, is hard enough without deciding between lenders and their terms. Over the years, I’ve realized that refinancing is as easy as 1, 2, 3, especially when there are everyday low-interest vehicle loans from Mission Fed.

If you’re still searching for a new or used vehicle and you’re not sure where to start, here are some tips to get you going:

Determine what you like. Do you want to show off your sporty side in a sports car, get comfortable in a roomy sedan or travel up to snowy mountains in an SUV? Figure out what type of car fits your lifestyle and your specific needs.

Do your homework and research. There are many websites you can visit to determine options and value. For used vehicles, check various websites for inventory and cost, such as the Kelley Blue Book, the National Automotive Dealers Association or Auto Trader. For a new vehicle, visit the manufacturer’s website to discover how you can build your dream car.

Compare prices. This may be difficult with a customized vehicle, but you should shop around to see how a new or used vehicle is being priced. Visit Edmunds or TrueCar® to see what price you should pay.

Negotiate. Buying a car is one of those rare experiences where the price listed doesn’t have to be the one you settle on. But what if you don’t have time or want to hassle with the dealers? Check out Autoland, our vehicle buying service. All they need to know is what car you’re looking for, and they’ll come back to you with a no-haggle price.

Figure out how you want to pay for your car. Dreams become reality once we see the price tag, so when you have made a final decision on the car and price, check out Mission Fed’s low Auto Loan rates. Rates are as low as 1.89% and for any personal vehicle that is a 2008 model year or newer! Most local financial institutions do not offer low everyday rates on older model years, but at Mission Fed, we feel that the age of the auto is not the only factor when determining rates. You can also check out the Auto Loans calculators on our website to see what your monthly payment will be or compare your options (like if you should take a rebate or low-cost financing).

If you feel like you’re ready to purchase your dream car, visit our Auto Loans page to apply online, contact us by phone at 858.524.2850 or 800.500.6328 or visit your branch to get preapproved for your everyday low rate. We can even send your loan docs to you electronically, and you can sign your docs electronically, too.

Make sure to still buckle up for the adventure of buying a new or used car—but with Mission Fed, it should be a smooth ride.

This article contains links for websites that Mission Fed does not endorse or control. Mission Fed is not responsible and does not assume liability for the operations, content, links, privacy or security policies of third party websites.

Picture of Liz Schrock

Liz Schrock

Liz Schrock is VP Consumer Lending Operations at Mission Federal Credit Union. She has been a member of credit unions since her childhood, which led to her career in the financial industry. Working in many aspects of lending, consumer lending is her passion, and nothing brightens her day like seeing a member have that dream car in the driveway. With over 20 years of experience, Liz knows how important it is to provide members with quality loan products and help them through their financial needs when they need it most.

More Blog Posts

Mission Fed Loan Options: An Infographic

except from infographic

Life is full of making choices, and many of those choices revolve around what goals you set for...

Life is full of making choices, and many of those choices revolve around what goals you set for yourself. Mission Fed offers a variety of loans with low rates and flexible terms to help you achieve your goals at different stages of your life. Take a look at the infographic...

What is the Mission Fed Rate Break Program?

photo of a dog hanging its head out of a car window

When you’re cruising through the city the last thing you should be thinking about is your auto loan...

When you’re cruising through the city or on a road trip with your family, the last thing you should be thinking about is your auto loan and the interest it’s building. Thankfully, Mission Fed offers a Rate Break Program that could help you lower your initial interest rate.

Try Us—All San Diegans are Welcome!

Photo of a life guard shelter at a San Diego beach.

Would you like lower payments and low or no fees? How about enjoying quality service, too? Then see...

Would you like lower payments and low or no fees? How about enjoying quality service, too? Then see what Mission Fed can do for you! Over 230,000 customers like what we do for them and our local community. Find out what they already know—that as the largest,...

Full-Service Banking

Photo of a man inside a Mission Fed branch at the teller window.

Credit Unions offer many of the same accounts as the big banks, but with lower rates and dedicated...

Credit Unions offer many of the same accounts as the big banks, but with lower rates and dedicated customer service. Visit any of our branches throughout San Diego County or apply for a Checking account or Auto or Home Loan online. Whatever you’re banking...

Branch/ATM Locator

Search for Mission Fed Branches and ATMs, or 30,000 CO-OP Network ATMs Nationwide