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How Financing Can Save Your Emergency Fund - NJ State Auto

How Financing Can Save Your Emergency Fund 

Are you thinking about buying a vehicle? You might be tempted to pay for it all at once. Besides, no one likes to pay interest…right? But draining your savings isn’t always the smartest move. That emergency fund you’ve built up is supposed to be your safety net for major life surprises (medical bills, job loss, necessary home repairs). Wiping out those savings to pay for a vehicle leaves you vulnerable.

That’s where financing steps in. By spreading the cost over monthly payments, you keep your cash cushion intact while still getting the vehicle you need. Yes, you’ll pay interest. But think of it this way. The small added cost is worth the peace of mind knowing you still have money set aside if something goes wrong.

Financing also helps you better plan your money. Instead of one massive hit to your bank account, you know exactly what’s coming out each month. That predictability makes it easier to manage your expenses and still save.

The Bottom Line: Don’t put yourself at risk by emptying your bank account. Let financing protect your emergency fund so you can stay on the road and stay prepared for whatever life throws your way!

What’s Next? Thinking about buying a vehicle? Don’t empty your bank account for a new ride. Contact Us! We’d love to show you our financing plans so you can stay protected.

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2023 Nissan Altima

4D Sedan, Trim: 2.5 SL
Stock: 50261

Discounted Price: $19,183
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2023 GMC Terrain AT4

4D Sport Utility, AT4, 72,899 mi.
Stock: 49970

Discounted Price: $22,085
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2022 Mercedes-Benz EQB 350

4D Sport Utility, 350, 24,532 mi.
Stock: 50111

Discounted Price: $26,185
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2018 MAZDA CX-5

4D Sport Utility, Trim: Touring
Stock: 49943

Discounted Price: $15,897
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2020 Infiniti QX50 LUXE

4D Sport Utility, LUXE, 73,421 mi.

Stock: 50171

Discounted Price: $16,888
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2019 Toyota Corolla Hatchback SE

5D Hatchback, SE, 88,463 mi.

Stock: 49941

Discounted Price: $13,682
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