No doubt about it – when it comes to high stress, buying a car is right up there with job interviews, public speaking, and root canal surgery. Under typical conditions, you, as a car buyer, are at the mercy of the dealer and the high-pressure salesman. Negotiating a price can be a challenge, particularly if

Undoubtedly you’ve heard about the “zero percent financing” offers that many auto manufacturers have been promoting lately. Although they seem to be incredible deals and are certainly enticing, you should read the fine print and know the facts before you head to your local dealer. Beware of Those Teaser Rates Teaser rates have always been

Remember when purchasing a vehicle used to be an all day excursion? It probably meant driving to your local auto dealer, finding a car in your favorite color with just the right options, haggling over the price, filling out a lot of paperwork, and going back and forth between dealer and Credit Union with payment

Obtaining a loan is often one of the most important steps in purchasing a vehicle. The main issues can be navigating the process of getting the loan and finding one that can be paid off with manageable interest rates. Finance a vehicle with Wayne Westland Federal Credit Union, and you’ll find at least 10 reasons

(Westland, Michigan) Wayne Westland Federal Credit Union is pleased to announce the largest reduction in loan rates in their 57-year history.  The Management team at WWFCU approved a reduction of nearly 50% of their current secured rates.   This major reduction was a move directed at the current economic conditions, so the local community can take

Dreaming about owning a new car is fun, and window-shopping in magazines or on car lots can be very entertaining. Unfortunately, it’s easy to lose sight of that fun in the stress and worry of actually shopping for and buying a new car. Doing your homework ahead of time and learning a few tricks of

Purchasing a used car is an excellent strategy for avoiding the substantial depreciation associated with buying a new vehicle. As the economy continues to recover and sales of new cars accelerate, dealers are eager to liquidate their growing inventory of trade-in models. This presents anyone in the market for a pre-owned vehicle with an opportunity

Shopping for used car loans can be as stressful as shopping for the car itself, and they can actually be more complicated than new car loans. Moreover, they pose a higher risk for the borrower. First and foremost, it is vital you take the time to assess the true value of the car. The lender

When shopping for an auto loan, there are several items to consider that directly relate to the total cost and general affordability.  Below are at least 3 topics to keep in mind: Interest Rate This will have a significant impact on the overall cost of the loan.  The interest rate can vary widely depending upon

Given the problems with our economy, it is generally more difficult to obtain car loans these days. However, many options still exist, and most people who want to finance a car are able to do so. Here are some reasons why you can finance that vehicle you desire. Credit Unions have realized that it is