Car buyers are finally getting a break as car prices are falling! Your credit union offers some of the best auto rates around. Now is a great time to buy that car and we make it easy!
Consider applying today and know exactly what you are qualified to borrow and then head out and secure your vehicle. Knowing your facing is handled is half the battle and with that out of the way, you can find the perfect car for you.
Used car and truck prices fell for the second month in a row in July, dropping 1.3% after a 0.5% dip in the previous month. In annual terms, prices are down 5.6%, the most in the core inflation’s basket, which excludes energy and food.
Second-hand cars and trucks had become a symbol of the inflationary hysteria that occurred during the pandemic due to the bottlenecks in the global supply chain.
Now that the bubble appears to have burst. Companies like CarMax and Carvana may experience downward pressure in margins and profitability in the coming months.
Don't miss out on the Credit Union's great low rates and your opportunity to capitalize on the disinflation of car prices.