Buying a New Car Basics

​​Sale of automobiles

If you're buying a new car, take these helpful tips along for the ride.

Buying a new car is a significant investment which requires careful planning and consideration. That's why it's important to follow sound advice when making a new car purchase.

Determine the car that's right for you

First, determine the type of new car that's right for you — one that fits your lifestyle, your needs and your budget. Consider factors such as the number of people you need to accommodate, the type of driving you'll do, the distance of your work commute, whether you'll be towing or hauling, and your overall budget, including a down payment or trade-in allowance, monthly payments and ownership costs for gas, insurance and repairs.

Do your homework

Once you've determined the type of new car that's right for you, it's time to do your homework. Start by checking new car prices to determine the vehicles that fit your budget and don't forget about new car incentives and rebates that could save you thousands of dollars towards your next vehicle purchase. Finally, it's good idea to get pre-approved for a loan before you visit the dealership. Check out the new car loans and new car loan rates you qualify for based on your credit score.

Take a test drive

When it comes to buying a new vehicle, nothing replaces the experience of a real world test drive. Get in and around your new car prospect and examine it closely to be sure you're pleased with the features you find most important. Drive on city streets and highways to get a broader perspective of its handling. Pay attention to characteristics such as comfort, acceleration, noise, braking and steering. Ask the dealer pertinent questions about the finer points of the vehicle and pay attention to information you may have missed during your new car research.

Get a quote

The Internet has made it extremely easy to shop for a new car. Not only do you have a significant amount of information at your fingertips, you can receive new car quotes from the convenience of your home or office. When it comes to finding the best new car deals, don't focus on the lowest selling price. Instead, focus on getting the lowest out-the-door price after all taxes and fees have been calculated and make sure the quote you receive includes pricing for the features and options you want. For added peace of mind, use an auto payment calculator to determine what your monthly payment will be. Finally, get new car insurance quotes and new car warranty quotes for a better sense of your vehicle's total ownership costs.

Search for cars

Payment Calculator

Loan Amount:

Please enter a valid loan amount.

Interest Rate (APR):

Please enter a valid interest rate.

Loan Term:

Please enter a valid loan term.

Estimated Payment:

Get pre-approved today!
comments powered by Disqus