Save with a Preapproved Auto Loan

With a preapproved loan, you increase your negotiating power. This is particularly important when buying a car, and it enables you to step back before you buy to review both your budget and driving needs.

Before visiting a dealer’s lot, contact us first.

Together, we can help you determine an appropriate payment amount that works for your budget. Also, try to budget by the vehicle’s purchase price rather than monthly payment; shopping by payment amount can often tempt you into spending more on the car than initially planned.

When you’re prequalified for the loan before you start shopping, you’re more apt to stay within budget. And at First United Credit Union, our rates are competitive, and we offer many convenient repayment options.

The best way to get a better deal?

Get approved first, then negotiate the vehicle’s purchase price, NOT by monthly payment.