Auto Loan Road Trip - What Is Gap Insurance?

You’ve just decided to purchase a new car and can’t wait to get the loan paperwork behind you. You’re on the phone with your financial institution when they ask: "Would

Auto Loan Road Trip - Buy or Lease?

Leasing a vehicle has some attractive advantages when compared to buying. But is it the right choice for you? Let's start by going over what a lease is. Leasing a car

Auto Loan Road Trip - Liens

What Is a Lien? A lien is “a claim placed on real property in order to secure a debt” (utcourts.gov). For example: If you finance an auto loan, your lender will place a

Auto Loan Road Trip - Titles

What Is a Title? A title is a sort of “birth certificate” for a vehicle. Among other things, this document lists the vehicle identification number (VIN), manufacture

Auto Loan Road Trip

Welcome to Cyprus Credit Union’s 2022 financial blog series! This year’s series will cover auto loans. We'll be taking a "road trip" through the most important things

Costs of New vs. Used Cars

There’s nothing quite like your brand-new ride having the latest technology, a modern design, a clean interior, and zero maintenance issues. But is buying a used car the

How To: Refinance Your Car Loan

You've decided you'd like to learn more about how to refinance your car loan. While there may be several pros involved with refinancing, there are some things you'll

The Costs of Car Ownership

When you first buy a car, you know you have a monthly payment and insurance but have you thought of all the additional expenses that come along with a new vehicle? Here

New Car vs. Used Car

Apart from your home, buying a car is one of the biggest investments you will make in your life. One of the first decisions you will need to make is whether to buy a new

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