Benefits of a pre-approved auto loan

As you take steps toward this big purchase, you’ll want to make the best financial decisions. With a pre-approved auto loan, your buying process will be smooth sailing. Here are some of the benefits:

Secure the best rate

Before stepping foot into a dealership, shop around for the best interest rate. Once you’re pre-approved, you’ll have peace of mind knowing you’ve secured a rate that works for you. From there, you can compare the numbers the dealership has to offer.

Set a realistic budget

Once you’ve secured the best interest rate and loan amount, you can determine your budget. With a pre-approved auto loan, you can shop in confidence knowing how much car you can afford. Visit our Auto Loan Calculator to crunch the numbers.

Gain negotiating power

Knowing your pre-approved loan amount, interest rate and terms gives you the power to bargain. As you visit different dealerships, you can ask them to beat your current rate. With pre-approval, there is no obligation to finance. If anything, the research process can expand your knowledge and help you negotiate for the best rate.

Are you ready to purchase your new ride? Get pre-approved with Travis Credit Union today. Call our Member Service Center at (800) 877-8328 during normal business hours or visit a branch to choose the rate and term that is best for your budget. Visit our Auto Loans for more information.

Crunch the Numbers Auto Loans