Houston Banking Rates

Celebrate Spring With Fresh Auto Financing From Cy-Fair Federal Credit Union

cy-fair federal credit union

When it comes to buying a new or used vehicle, one of the most important considerations is the loan. Believe it or not, a couple of points difference in interest on a $25,000 auto loan can add up to you paying thousands more.

Despite this impact, the loan is something that most car buyers simply ignore until late in the car-buying process, leaving them wondering whether or not they could have landed a better deal if they had taken the time to find their loan in advance.

Obtain Your Financing First

Even before you know which vehicle you’re after, you can set yourself up for success by comparing interest rates, loan terms and getting preapproved for a Houston auto loan.  For most, this means heading over to the computer and surfing countless websites for information.  However, for Houston residents, getting the best rate on a new or used auto loan is as easy as finding your nearest Cy-Fair Federal Credit Union branch.

Cy-Fair Federal Credit Union offers its members the ability to finance up to 100% of the cost for a new, never before titled car or 100% financing of the retail value for a used vehicle. Cy-Fair Federal Credit Union also offers:

  • Flexible financing terms up to 72 months
  • The ability to apply for a new loan online
  • Affordable insurance products including Mechanical Breakdown Protection and Guaranteed Asset Protection (GAP)

Auto Center Equips Members With Car-Buying Tools

Members can also take advantage of the online Member Auto Center: a comprehensive tool designed to help make the car buying process less intimidating and hassle free. At the Auto Center, members can:

  • Research new model vehicles, including invoice prices
  • Search from a database of preowned vehicles located at various dealerships around the area
  • Request a no-obligation price quote
  • Get online chat assistance
  • Calculate monthly payments

As you review your loan options with Cy-Fair Federal Credit Union, focus on the annual percentage rate and the loan term.  Opt for the product that offers you the lowest rate and shortest term that you can afford.  By keeping the rate low and the term short, you can expect to pay the least amount of money for your new car.

If you are in the market to purchase a new (or new to you) car in the Houston area, and are looking for a lender with your best interests in mind, take a look at Cy-Fair Federal Credit Union.