| Perks to a Pre-Approved Vehicle Loan
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Farm Bureau Bank News Perks to a Pre-Approved Vehicle Loan

Sept 01, 2016

Planning on purchasing a new or used vehicle at a dealership? When searching for a new car timing can be everything. Some say it's best to buy at the end of the month and others say anytime during the week. Because timing is so important, it's a good idea to get pre-approved on a vehicle loan before stepping foot in a dealership and locking-in a deal.

Applying for a pre-approval can help you shop with confidence. A sales person who knows you have a check in hand may be more interested in cutting a deal on the spot.

Perks to a pre-approval are:

  • Knowing and understanding your interest rate before shopping
  • The ability to set a realistic budget based on the approval
  • Gives you negotiating power
  • Simplifies the dealer experience

If you're in the market to purchase a new or used vehicle, get pre-approved before you begin looking for the vehicle of your dreams. Farm Bureau Bank is here to help! For more information, or to apply contact 1-800-492-3276 or visit


* Rates disclosed as Annual Percentage Rate (APR) and Annual Percentage Yield (APY). Farm Bureau, FB, and the FB National Logo are registered service marks owned by, and used by Farm Bureau Bank FSB under license from, the American Farm Bureau Federation. Farm Bureau Bank FSB is a service-to-member institution which provides banking services to Farm Bureau members and others in participating states. Services are not available in the following states: IL, KS, MI, MO, NY, OH, and WY.