Danielle Briggs, Consumer Lending Sales Manager at Greater Nevada Credit Union, Takes a Look at the 2024 Car Market

Danielle Briggs

Despite the ongoing impact of the pandemic, the average car loan prices dropped significantly last year. Danielle Briggs, Consumer Lending Sales Manager at GNCU, notes a stabilization in the market, leading to a positive outlook for prospective car buyers.

While interest rates remain high, Briggs underscores the importance of a good credit score, offering insights into how GNCU’s app and expert advice can help improve credit standings. She also emphasizes the value of being preapproved before car shopping, providing confidence and budget clarity. As a bonus, Briggs highlights the flexibility of current loan rates, with the option to refinance in the future.