Are you thinking of buying a new car? Perhaps leasing? Perhaps your family size is changing, you are switching careers, replacing an older car, going green, or you simply want that latest model. Whatever the reason, when in the researching phase here are some steps to follow to assist in determining the right car for you:
Did You Know?
There are an estimated 300 car models in the United States and now, in some cases, you can design your own. First thing is first when buying a new vehicle: determine your budget, the style(s) and size preferred and your list of must-have features. This will help you narrow your search.
- Determine what model you want and what will work for your lifestyle. The core types of models include: Sedan, Hybrid, SUV, Crossover, Minivan, Coupe, Convertible or Truck.
Define your Budget
- Know the range within which you are willing to spend. Remember to include any amenities and features that will make driving safer and easier. This is one of the largest purchases you will make, so ensure you are getting the car that matches your needs.
- Estimating what you are able to afford will save you time during the purchase process and help you focus your search.
- Calculate your latest credit score. In today’s market, it’s very important to know ahead of time what your credit score is to eliminate surprises.
- If financing the car, what are the current rates?
- Do you plan on trading in your current vehicle?
- Estimate your weekly gas mileage and weekly cost of gas consumption
- How long do you intend to have the car?
- Generous warranties come standard on vehicles today – take a look to determine what type of warranty provides you the maximum comfort and security.
- If buying a hybrid, electronic or alternative-fuel vehicle, you may be eligible for federal and possibly state tax benefits and deductions. Ask any of our Sales Associates about this.
- For more on Buying terms, visit the glossary.