Best Auto Loans in Banking
Buying a car can be a very stressful experience. There are a huge number of factors to consider, and pressure to make the correct choice at each point during the buying process. Luckily, Equity Bank offers great rates and flexible terms on auto loans to help members feel confident when financing a vehicle.
Today’s Automobile Trends
Before deciding on an auto loan, it’s important to understand the major trends in the automotive market. While vehicle prices spiked during the height of the COVID-19 pandemic, prices are beginning to stabilize, and many auto dealerships are no longer struggling to keep a full lot. This is great news for those in the market for new and used vehicles, as you are no longer required to pay a premium for new or lightly used cars.
Electric and hybrid vehicles are also more popular than ever, and as the infrastructure to support them becomes more accessible, those in the market for new vehicles may want to consider the benefits of going electric. Electric vehicles can help you save money on fuel, are quieter and cleaner, and even have the option of being charged at home, preventing you from having to stop by the gas or charging station.
Why Trust Equity Bank for My Auto Loan?
Equity Bank’s long history of service and dedication to our local communities has earned us the trust and respect of our members. We decided long ago that responsible growth was the key to maintaining our values, and now we can confidently say that we serve residents of four states with the same care and attention that earned us our business in the first place.
When financing a vehicle, you want to have a partner beside you that understands your needs, and is invested in your success. We aren’t just your bank, we’re your neighbors, and we always strive to give our members the absolute best in banking experiences.
Equity Bank Auto Loans
Financing a vehicle doesn’t have to be a headache when you’ve got Equity Bank on your side. With pre-qualification, you can show up to the dealership with your financing already taken care of, and skip the negotiating hassle. No more wondering if you’re getting the best deal possible, or sitting for hours with the finance department. Equity Bank also offers flexible terms for your loan, meaning you can adjust your payments to fit your budget without worrying about paying a fortune in extra interest.
Once you work out an affordable monthly payment, you must ensure you have your down payment in order. Equity Bank can help you organize your finances before and after your purchase, ensuring you make the best decision possible. Check out our fantastic online budgeting tools to help you plan your big purchase without breaking the bank.
Last is your interest rate. Equity Bank offers auto loans as low as 5.19% APR for qualified borrowers, far better than what the dealership can offer you. Trusting Equity Bank with your loan ensures that you’re taking advantage of the lowest interest rate possible, and that you have our helpful team to back you up if you ever need help.
The Best Bank for Auto Loans
At Equity Bank, we pride ourselves on our commitment to our members. That means we go beyond just providing premier financial products, we back them up with the dedicated service and individual attention that many people miss from bigger banks. We keep the local bank feel, while giving you the chance to take advantage of the best banking products on the market.
Whether you’re already a member, or looking for a better banking experience, you can find your nearest Equity Bank location at the link below. Come on in, and ask our team how they can help you achieve your financial goals. Locate Your Nearest Equity Bank