Buy a Car in December and Save

Auto Loan

Auto Loan Rates Reduced! With all the extra expenses the holidays bring, you wouldn’t think of the end of the year as a good time to buy a new car. But if you want to save a bundle, now is the time to act. According to, December is an ideal time to purchase a new car.

New Model Year is Here

Beginning in September, dealers move inventory to make room for the new model year vehicles. Any 2012 models still left on the lot in December are likely to be discounted.

The Holidays

The lots are empty this month. Salesmen are willing to work with you because you may be their only potential customer that day.

Meet the Quotas

Dealerships have annual goals. Auto manufacturers often award bonuses if goals are met. That means salesmen are likely to take a rock bottom price for a car, and forgo a larger commission, if it means they win that trip to Hawaii.

Do Your Homework

The best tip anytime of the year is to come prepared. Do your research and walk into the dealership knowing the incentives and rebates for the vehicle you want. And if you happen to go on a rainy or snowy Monday or Tuesday at the end of the year, you’re sure to get a great deal.

Get the Best Auto Loan Possible

Right now at NASA FCU, rates are as low as 1.49% APR for a 36 month* new or used car loan. Call us at 1-888-NASA-FCU today!

*Subject to credit approval. Special offer floor rate is 1.49% Annual Percentage Rate (which includes a .25% discount for Auto Pay), otherwise 1.74% for up to 36 months and is reserved for highly qualified individuals financing a 2011 or newer vehicle. Call for details. Payment example is a typical extension of credit. A $20,000 auto loan financed with NASA FCU at 3.34% APR for 63 months will have a monthly payment of $346.55.