Buying a new or used vehicle isn’t a task that can be done in a matter of minutes. It’s a major purchase, and it takes time and effort to get the job done right. While most car buyers need to set aside a few hours to go through the process of selection, financing, and delivery of their new vehicle, there are a few tips and tricks you can use to potentially save some time.
When it’s time to buy your next vehicle, you’ll find countless details to consider, including your budget, whether to buy new or used, and the type and size of car in which you’ll feel most comfortable. You’ll also have to take into consideration the features you want—especially when you're purchasing a vehicle with a recent model year. Bells and whistles, whether you can see them or they hide beneath the hood, may make or break your decision to buy one vehicle over the next. In considering the features you want and can afford in your next ride, it’s helpful to understand the difference between a vehicle redesign and a vehicle refresh. Read on to learn the difference between a vehicle redesign and refresh and what you need to know to buy a car you love without busting the budget.
For most car buyers, the look, smell, and feel of a new vehicle—even if it’s just new to you—is exhilarating. But before getting caught up in the excitement of your next vehicle, it’s important to understand how much car you can truly afford. No one wants to be in over their head financially, no matter how nice that new ride may be!
Whether you’re a recent grad or simply someone who’s never needed to secure their own wheels, buying a car for the first time can be a little intimidating. There are several things to consider as you get started, and making your way through without getting disappointed or distracted takes some know-how. If you’re gearing up to buy your first ride, here are a few tips to help ease the process.
You’ve researched the make and model you want in your next vehicle. You’ve calculated what you can afford each month for your new auto loan. You’ve found a dealership you trust to make the sale happen. It’s finally time. You drive up to the dealership, full of excitement. You’ve put in the work on the front end, so driving off the lot with your new car should be a breeze, right? Well, not exactly. Most car buyers—even those who come prepared—spend several hours at the dealership when they’re ready to seal the deal. In order to avoid getting frustrated over the time you’ll spend at the dealership, read on to learn what to expect when buying a car and why the process won’t be over in a matter of minutes.
Does the thought of visiting a car dealership and being approached by a salesperson fill you with dread? If so, you’re not alone. Heading to the dealership to buy a vehicle sparks anxiety in some car buyers because of the inevitable encounter with a salesperson. For years, car salespeople have gotten a bad wrap. They’re often described as sleazy, pushy, and even untruthful, which puts many car buyers on the defensive from the start. However, the truth is that your salesperson will be a necessary part of the car-buying process, and he or she is there to ensure the sale and delivery of your next vehicle go as smoothly as possible.
Are you nervous about taking on debt for a new (or new-to-you) car? While it’s wise to avoid unnecessary debt when possible, it’s good to understand that there are several legitimate reasons why you might need to take on debt over your lifetime. Financing an unexpected bill, buying a home, or financing the purchase of a new vehicle are all respectable reasons to borrow money.
When most people gear up to buy a car, they often begin by deciding whether to purchase a new or used vehicle. Taking the time to consider the updated entertainment, design, and safety features of a brand new vehicle compared to the potential purchase price and slower depreciation of a used vehicle is wise, but so is understanding the differences in financing a new vs. used car. There are variances in the auto loans offered for new and used vehicles that should be weighed just as heavily as the look, feel, and price of your next car. Here’s what you need to know.
When most car buyers begin budgeting for the ongoing monthly expenses of car ownership, they typically consider the cost of vehicle financing and insurance coverage as the total cost of owning and operating a vehicle. Unfortunately, that approach fails to see the big picture. Did you know that, according to a recent study from AAA, annual car ownership costs can add up to an average of $8,469 if you drive 15,000 miles a year?
If you’re trying to find the best time to buy a car, you’ve probably heard that the end of the year is a great window of opportunity to cash in on some perks. While there are certainly some advantages of buying a car at the end of the year, there are also drawbacks you’ll want to understand as well. Read on to learn more about what you should know when buying a car at the end of the year.