Graduate Into Some New Wheels

Graduate Into Some New Wheels

You just graduated. What’s next? Are you going to move? Find a new job? Take a gap year? Whatever your next step is, you’re going to need a way to get there.

There’s a lot to consider before you jump into buying a new car. Auto loan rates, vehicle features, whether you’re buying new or used, and terms are all huge factors you should take into account.

Another thing to consider is affordability. You’re young, so chances are you haven’t had the chance to build a good credit score. Your credit score directly impacts your payments, meaning you can use all the help you can get if you want to get yourself a new set of wheels.

It is recommended that graduates check their credit scores before applying for an auto loan so they can either start saving or start working to improve their credit scores.

Luckily, there are options! Members who can show us proof of graduation will be awarded 1% off their qualified rate for an auto loan. Get a rate as low as 1.99% APR* and terms up to 84 months with us. That’s our way of saying congratulations, grad!

*APR = Annual Percentage Rate, the rate of 1.99% includes the**maximum discount of 1% off qualified rate with proof of graduation from high school, college, trade school in 2022. Estimated payment for $1,000 financed for 48 months at 1.99APR is $22.00. A $100 document preparation fee may be financed. Offer and rate may vary depending on individual credit history. All loans subject to credit approval. Interest will begin to accrue during the deferral period. Deferring your payment will result in your having to pay higher total finance charges. All UCFCU programs, rates, terms and conditions are subject to change at any time without notice. No prepayment penalties apply. This credit union is federally insured by the National Credit Union Administration. Additional insurance of $250K available through ESI. 07/01-08/31/22