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You may have heard that a car is the second-largest purchase behind a house, but is that true? It might seem like it, because the median home price in the U.S. was just under $190,000 last year, while a new Honda Civic starts at about one-tenth as much. But you’ll probably own one home at a time, and when you sell it, you should make your money back, and then some. So, technically speaking, cars may cost much more throughout your lifetime.
The first part of buying a used car might not be the most fun, that’s for sure. It’s all about research and preparation. But this is the best way to make sure you get a car you’re going to love for a long time, meaning the more time you put in now; the longer you wait until you need to do it again.
If you’re planning to buy a car soon, the most important thing to know is that you’ll want to contact FSU Credit Union about our auto loans before you go to the dealership. It could save you hundreds or even thousands of dollars. You can find our rates and apply online.
*The content provided in this article consists of the opinions and ideas of FSU Credit Union, does not constitute legal or financial advice, and should be used for informational purposes only. Any decisions you make based on the information contained in this article is made in your sole discretion and liability. FSU Credit Union disclaims any damages or liability for decisions you make based on the information provided.
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