The Update

Why You Should Finance Your Car Through Your Credit Union

When shopping for a new set of wheels, your first stop should be Rio Grande Credit Union. While many people start at the dealer’s lot, you’ll enjoy a lower rate, a simpler loan application, and other big benefits when choosing to finance your car at your credit union.

At a dealer’s lot, the dealer will likely try persuading you to push your self-imposed car budget to the max or even to go over your ceiling price.

Financing an Auto Purchase at a Credit Union

When you work with Rio Grande Credit Union, you’ll be dealing with people who know who you are and what your financial reality is like. No one will try to push you into a loan you can’t afford.

The process of applying for a Rio Grande Credit Union Auto Loan is simple, quick, and easy. [You can even apply online or over the phone.] Also, as a member of Rio Grande Credit Union, you already have a headstart on getting that pre-approval.

One of the biggest advantages you’ll have when financing an auto loan through your credit union, though, is a lower APR. You’re working directly with the lender and you’ll only hear the actual rate we offer instead of the marked-up rate the car dealer presents to you. Also, credit unions famously offer loan rates that are consistently lower than those offered by large lenders and banks.

Another advantage you’ll enjoy at Rio Grande Credit Union is a pressure-free setting when determining how much you can afford to pay each month toward your new car. In contrast, when you’re standing in the dealer’s lot surrounded by cars you wish you could afford, you’re more likely to make a decision you’ll later regret.

RGCU Auto Loans

If you're ready to find a new car, Rio Grande Credit Union can help! Whether you’re shopping for a car, truck, SUV, van or crossover, Rio Grande has the financing to help you get the vehicle you want.