THE TRUTH ABOUT BUYING A NEW CAR

Hey Lampco Members, here's something you may not know about buying a new car...it's not as expensive as you may think.

No, really! With Lampco's wide range of loan products, weighing the costs of purchasing a new, or new to you, vehicle doesn't have to be overwhelming!

Here are a few factors to consider when thinking about purchasing a new ride: Are you spending all your extra cash on maintenance for your current car? Are you burning tank after tank of fuel just trying to get to where you are going? Sometimes, a new car just makes sense. And when you're ready, Lampco can help!

Skipping Maintenance & Repair Bills

If you're considering buying a new vehicle, then it's essential to think about maintenance. The truth is that owning an older vehicle can come with costly repairs! These repairs can be unpredictable and leave you feeling financially unsure.

When you buy a new car, you get to spend your money on the vehicle itself, rather than spending your hard-earned cash on car emergencies! Investing in a new daily driver gives you the ability to enjoy the piece of mind and financial stability that comes with owning a reliable and efficient vehicle.

Weighing the Cost of Fuel

It's no secret that gas is expensive, and sometimes, it can feel like there is no light at the end of the endless gas expense tunnel! Luckily, most newer vehicles are fuel efficient, which means increased gas mileage and the opportunity to save big bucks! The cost savings is especially true for big travelers.

The secret recipe for your perfect car purchase? A vehicle with great fuel efficiency and low-maintenance needs!

Financing Options

A personal auto loan from Lampco Federal Credit Union makes it easy for our members to upgrade their rides!

At Lampco, we offer competitively low, fixed rates on new and used vehicles, a wide range of loan terms customized to your unique situation, pre-approval for extra bargaining power at the dealership, refinancing options on your current vehicle to potentially lower your rate or payment, payroll deduction or automatice payments from your account at Lampco or elsewhere, and friendly, neighborly service from start to finish, all at Lampco Federal Credit Union.