With dealerships offering discounts and incentives, it’s easy to get caught up in the excitement of finding the perfect vehicle.
However, before you step onto the lot, there’s one important step you should take: get Pre-Approved for an auto loan with Methuen Credit Union.
Rates as low as
5.75% APR*
Why Pre-Approval Matters?
Many car buyers focus solely on price, but financing plays a huge role in how much you’ll actually pay over time. Here’s why securing your auto loan in advance can save you money and stress:
- Lower interest rates than dealer financing – Dealerships often push financing options that sound appealing but come with hidden fees and higher interest rates. At Methuen Credit Union, we offer competitive rates designed to save you money over the life of your loan.
- More negotiating power – Walking into a dealership with a pre-approved loan means you already know your budget. You can negotiate the best price on the car rather than focusing on monthly payments, which dealers often manipulate to make a deal seem better than it is.
- Avoid unnecessary credit checks – When you apply for financing at a dealership, they may submit multiple loan applications on your behalf, leading to several hard inquiries on your credit report. This can lower your credit score. Getting Pre-Approved through Methuen Credit Union helps you avoid this.
- Faster & Smoother Buying Process – With pre-approval, you’re essentially a cash buyer. This speeds up the process at the dealership, allowing you to drive off in your new car with less hassle and fewer last-minute surprises.
- Know What You Can Afford – It’s easy to get tempted by a more expensive model when you’re in the showroom. A pre-approved loan sets a clear budget, helping you focus on cars that fit your financial plan.
How to Get Pre-Approved
Getting pre-approved at Methuen Credit Union is quick and easy:
- Apply online or visit our branch – Fill out a simple application.
- Get a fast decision – Our team will review your credit and financial details.
- Receive your loan offer – Know your loan amount and interest rate before shopping.
Act Now & Drive Home Your Dream Car!
With President’s Day weekend around the corner, now is the time to secure your pre-approval and shop with confidence. Don’t let dealership financing cost you more—get a great rate and flexible terms with Methuen Credit Union.
Call us today or apply online to get started!
* Annual Percentage Rate
