Navy Federal Credit Union authored and paid for the placement of this article.
Let’s be honest. How many of you actually get excited to go out and shop for a new car? The buying can be fun, but there’s an easier way to go car shopping than by visiting a dealer, which is time-consuming, and you’re always left wondering if the price you’re paying is fair.
Then, once it comes time to purchase or finance, you’re faced with what can be an overwhelming array of options and terms, which may not be right for you or your family’s budget. Thankfully, Navy Federal Credit Union is here to help you bypass the challenging auto shopping experience. And they’re pretty good at it too since they’ve been exclusively supporting military members, veterans, and their family members since 1933.
Using Navy Federal’s suite of car-buying resources and tools can take your shopping experience to the next level, without all the hassle.
Navy Federal’s Auto Loan calculator can help you estimate the monthly payment of your next ride. Enter a purchase price, down payment, term, and interest rate to see how different loan terms or down payments can impact your monthly payment.
If your credit score isn’t that great, not to worry! In addition to great rates and financial tools, Navy Federal offer resources with tips you can use to help improve your credit score.
Remember, the higher your score is, the lower your loan interest rate could be. A very poor credit rating is 300-579 (out of 850), while anything over 800 is outstanding!
After you’ve figured out what you want to spend on a vehicle, the next step is to decide what type of car you want to buy. The Navy Federal Car Buying Service, powered by TrueCar1, can help you price used and new vehicles by zip code anywhere in the country, letting you compare models in different areas to ensure you’re getting the most value for your hard-earned cash.
How does TrueCar work?
The first step is deciding whether you want a new or used vehicle. Then pick the make you are looking for: Sedans, SUVs, hybrids, electrics, and more—all brands and models are included. Pricing for everything is clearly displayed, so you can see what the best option is for your dream machine.
Then you’ll select the features and accessories you want, and TrueCar can even show you what others have paid for similar options so you feel confident in the quoted price.
If you don’t want to get into that level of detail you can also let TrueCar do the work, selecting interior and exterior colors, preferred accessory packages, and best of all, showing you the additional price for premium options as you build your perfect vehicle. No guesswork.
If you’re in the market for a used vehicle instead, The Navy Federal Car Buying Service also allows you to search local TrueCar-certified dealers
If you’re already a Navy Federal member, incentives from select manufacturers are also available on select makes and models by brand.
Once you’ve found the best vehicle for your needs, check out our great rates on auto loans that could take even more of the load off your bank account.
So let Navy Federal help streamline your car-buying process this season, and get back to focusing on the things that really matter, while we handle the rest.
Enjoy the road this year, from the Navy Federal Credit Union family
Navy Federal Credit Union is federally insured by NCUA.
1 TrueCar operates the Navy Federal Car Buying Service. Navy Federal is not responsible for any offer, purchase, lease or service provided by or through the Navy Federal Car Buying Service.
