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Car Buying 101 | Winston-Salem, NC | Credit Union Auto Buying Service

Purchasing a new vehicle can be a daunting process, but we’ve broken it down into a few easy steps.



It’s important to do your research before you make your selection when it comes to buying a car. Decide whether you want to buy new or used, as well as what kind of budget you want to stick to. How much can you afford to put down on a vehicle? What about monthly payments? Make sure to check your credit score, too. Gathering that information beforehand makes it easier to narrow down the pool of potential vehicles.


Taking Your Pick

Ideally, after the research phase, you will have a short list of models you are interested in. This is the part where test-driving factors into the equation. First of all, shop around at multiple dealerships to get a rough idea of what they have to offer, and test-drive various vehicles. Make mental notes of how each vehicle performs, any discomfort you may be experiencing, and the features of each one.



The most intimidating part of the car-buying process is actually buying the vehicle. There are multiple routes you can take here. The most common one is financing through the dealership. The purchaser will pay a down payment upfront, which goes toward the full cost of the car. Then, the dealership’s financial department will offer a loan to cover the rest of the cost. You’ll make monthly payments until you pay off the final balance. Other people may select other options such as pre-qualifying for a loan at a separate financial institution or paying in full, though these methods usually involve more steps.


Keep the car-buying experience as simple as possible by visiting us at Credit Union Auto Buying Service. We’ll help you find the vehicle of your dreams and guide you through the financial process.

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4990 University Pkwy
Winston Salem


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4990 University Pkwy
Winston Salem, NC 27106
Phone: (800) 282-2755
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