Auto Expert: Don’t skip the automotive terms and conditions
Our Fox Communities Credit Union auto expert explains the importance of carefully reading all auto loan terms and conditions
It’s so important to take a few minutes and look over each and every document before you sign. In particular, always check the amount financed, paying close attention to how that number was reached. Also, make sure you have a clear understanding of what’s been added to the financed amount, instead of just focusing on the monthly payment. This way, you fully understand everything you’re paying for.
This is a lot easier if you get preapproved at Fox before you go shopping. That way, once you find the right vehicle, you can call us to go over the exact numbers. We have partnerships with some of the local dealers, and we always finish what we start. If it’s more convenient for you to get your loan through the dealership, we understand, but we still want to go over all the numbers with you – because, no matter what, we want to help all our members have a clear understanding of everything they sign. In other words, we’ll help take care of those terms and conditions.
You can find more information about what I do on our auto buying service page or you can contact me using the phone number or email address below.