Oregon Drivers Enjoy Lowest Loan Rates, Operating Expenses in Nation

FOR IMMEDIATE RELEASE:
August 22, 2013       

CONTACT:
Lynn Heider
503.350.2225
503.358.0773 (mobile)

Oregon Drivers Enjoy Lowest Loan Rates, Operating Expenses in Nation

BEAVERTON, Ore.—Time for a new set of wheels? The news is great for Oregon drivers. Two new reports by financial reporting sites, rate Oregon the best for buying and operating vehicles.

Credit unions’ low loan rates make Oregon one of the three least expensive states in which to purchase a new car, according to a new study from GoBankingRates.com. The consumer website reports the state-average interest rate is low at 3.04%, but points out that Oregon credit unions are offering rates as low as 0.99% APR for 36 months.

The news is equally good when it comes to driving that car off the lot. Bankrate.com ranks Oregon the least expensive state in which to operate a car based on repair, insurance, gas, and fee costs.

Read more: http://nwcua.org/member-resources/anthem/in-oregon-cheap-to-finance-and-drive

Graphic design: Nicole Charshaf, NWCUA

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The Northwest Credit Union Association is the not-for-profit trade association serving 164 of Oregon and Washington’s credit unions and their 4.4 million members. The NWCUA is the voice of the Northwest credit union movement, providing legislative, regulatory and public advocacy in addition to education, compliance, networking support and business solutions to its members. For information on how to join a credit union, please visit http://www.asmarterchoice.org.

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