Drive Off in Your Dream Car With These 5 Car Buying Tips

It is well-known that Memorial Day weekend is one of the best times to purchase a car. For one, this is the time of the year when you will have the largest selection of models to choose from. Additionally, 3-day weekends mean people have an extra day to shop so dealerships will ramp up their sales efforts with huge promotions that will save you lots of money.

If you’ll be in the market for a new or used car this Memorial Day Weekend. We’ve got you covered with some tips to help you in the car-buying process. Signal is here to help you turn your dream car into your actual car!

  1. Set a Budget – Before you start looking for your dream car, evaluate your financial situation and what you can reasonably afford for a car payment. Keep in mind that the cost of buying the car is only part of the total cost of buying and operating a car: you’ll also have registration, taxes, repairs, insurance, parking, and gas to pay for. It is highly recommended that you keep all car-related costs below 20% of your monthly take-home pay.
  2. Get Pre-Approved -Signal Financial can provide a pre-approval letter before you go car shopping to ensure you have the financing secured. Knowing ahead of time how much you will be able to borrow will prevent you from looking at vehicles out of your price range.
  3. Do Your Research -Make sure to research features, models, and local price ranges before going to a dealership. It’s recommended that you choose at least 2 vehicles to compare. This will help you pick out what you’re really looking for. As mentioned previously, Memorial Day Weekend is one of the most popular times to buy a car, so deals and promotions will be plenty.
  4. Be Patient – Choose dealerships that are reputable, and don’t let aggressive salespeople pressure you into buying. Don’t be afraid to walk away if your offer is not met or you’re not comfortable with the salesperson. There are plenty of cars out there to find what’s right for you.
  5. Bring an Expert – If it’s your first time buying a car, take a family member and or friend who’s a car expert with you to the dealership. An experienced buyer will be able to guide you through the process and make sure you get the best deal.

Click here to learn more about financing and refinancing your vehicle with Signal Financial.

For more useful tips, information and advice on financial empowerment, follow us on Facebook at: facebook.com/SignalFinancialFCU.   We’re also on Twitter and Instagram at: @signalfcu

-Written by James Fleet

Digital Member Support will be temporarily unavailable today between 11:00 AM -12:00 PM.

Due to vendor delays in the embossing of debit and credit cards, you may experience a delay in receiving your new or reissued cards. We apologize for the inconvenience.

Martin Luther King Jr. Day

All branches and the digital member support team will be closed on Monday, January 16, 2023 in observance of Martin Luther King Jr. Day.

For expedited assistance please dial 240-512-8240 to connect directly to our Digital Member Support.

All branches and Digital Member Support will close on Saturday, December 31st and Monday, January 2nd in observance of the New Year.

Signal Financial branches will close at 12:30pm on Friday, December 23rd. Digital Member Support will operate from 9:00am - 1:00pm.

All branches and Digital Member Support will close on Saturday, December 24th, Monday, December 26th, Saturday, December 31st and Monday January 2nd in observance of the Christmas and New Year holiday.

On Wednesday, December 7th the One Loudoun branch will close at 2:00 PM and all other Signal Financial branches will close at 3:00 PM

Due to system upgrades, online and mobile banking will be unavailable from 10:00pm Tuesday, Jan. 17 to 3:00am Wednesday, Jan 18.

The Capitol Hill branch and ATM are temporarily closed.

President's Day

All branches and the call center will be closed on Monday, February 21, 2022 in observance of Presidents’ Day.

Closure Notice

Due to inclement weather all Signal Financial branches are closed today. ATMs, mobile and online banking services are fully operational 24 hours a day and 7 days a week.

Digital Member support will close at 12 PM on Saturday, October 1st. Online banking and ATMs are available 24/7. Our apologies for any inconvenience.

Labor Day Closure

All branches and the call center will be closed on Monday, September 5, 2022 in observance of Labor Day.

Independence Day Closure

All branches and the call center will be closed on Monday, July 4, 2022 in observance of Independence Day.

Juneteenth Closure

All branches and the call center will be closed on Monday, June 20 in observance of Juneteenth.

Memorial Day Closure

All branches and the call center will be closed on Monday, May 30, 2022 in observance of Memorial Day.

Presidents’ Day Closure

All branches and the call center will be closed on Monday, February 21, 2022 in observance of Presidents’ Day.

New Years Day Closure

All branches and the call center will be closed on Friday, December 31 and Saturday, January 1 in observance of New Year's Day.

The Capitol Hill, City Center and Leisure World branches will be closed on Thursday, December 30th, 2021. We apologize for any inconvenience. Have a safe Holiday!

Christmas Holiday Closures

All branches and the call center will be closed on Tuesday, January 31, 2023 and Monday, December 25, 2023 in observance of the Christmas holiday.

Thanksgiving Holiday Closures

All branches and the call center will be closed on Thursday, November 23, 2023 and Friday, November 24, 2023 in observance of the Thanksgiving holiday.

Veterans Day Holiday Closure

All branches and the call center will be closed on Friday, November 10, 2023 in observance of the Veterans Day holiday.