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Survey Shows Consumers Doing More Research on Auto Financing Options

Credit unions have placed a lot of emphasis on educating members about their auto financing options when members are preparing to purchase a car. So they'll be glad to know that a survey recently conducted by a nonprofit consumer education group showed more than eight out of 10 Americans know...

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WASHINGTON — Credit unions have placed a lot of emphasis on educating members about their auto financing options when members are preparing to purchase a car. So they’ll be glad to know that a survey recently conducted by a nonprofit consumer education group showed more than eight out of 10 Americans know they have many choices when it comes to vehicle financing, and more than half feel informed about the auto financing process.

The public opinion survey by AWARE was designed to ascertain how consumers approach the vehicle financing process. Results found positive trends among consumers concerning their future auto financing plans.

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