Although the thought of buying a new vehicle brings excitement, it also brings anxiety and fear of the unknown. So many unanswered questions before you even put foot on the dealership lot.
1. Do I know what vehicle I really want?
2. Is my credit strong enough to buy a car today?
3. How much will it cost?
4. What will the interest rate be?
5. What will my payment amount be?
6. How will I know if I am getting a good deal?
7. Should I consider buying a demo or used vehicle?
The answer for many of the “unanswered questions” will come in the form of being prepared so you can enjoy the positives of the car buying experience.
Time spent in advance, on the internet doing research will go a long way to bringing clarity to your car buying experience. Almost all your technical questions on the different vehicles, features, benefits and known reported problems will be outlined there, across many websites for your review.
Work out your financial budget before you make the decision to move forward with the purchase. Determine your maximum monthly payment and allow yourself a buffer space to work within. A big part of the payment determination will be the interest rate on the loan. All the car manufacturers will offer low interest rates on “new cars”, but only if your credit profile qualifies for those rates.
Some good advice, contact all of the credit reporting agencies and request a copy of your credit report before you start the car buying process.
Source Save Money was specifically created to assist with this process. Our experience in the complex industry allows us to pre-negotiate volume fleet discounts within our network of Automotive Dealerships giving you peace of mind that you will be dealt with in a fair and professional manner.
Nobody said “Car Buying” was easy, but Source Save Money is here to help you. Buying a new car should take you to your happy place so be prepared and enjoy the ride. Apply today!