So your car is looking a little old and dingy. Then, you see someone
drive by in a shiny new car. The shiny paint and clean lines scream:
“You Gotta Get a New Car!” Before you sign the dotted line, keep
a few things in mind.
- Do I have the money for a new car?: Unfortunately, cars are not free. We all have to make sure we have sufficient funds for our payments.
- What is my trade-in value for my current car?: This could help defray the costs and take some money off your final bill.
- How is my credit?: Having bad credit doesn't make it impossible to purchase a car, but it can make it a little harder. Often, you will need more money down on the car if your credit is bad.
- Do I really need a “New” car?: If you just got a new car a year ago, chances are, you can make do with what you have. However, if your current car does not suit your needs, it is important to find a vehicle that does.
- What are my priorities?: Does my current car provide enough safety, space, and fuel efficiency? Do I need a car with a back seat for when I have kids? Do I need a car with 4 wheel drive for when I go to Tahoe?
Purchasing a new car can be a fun and exciting process. Do your
research and take a look at your finances. There are many factors
that go into looking for a new car besides your color preference.
Find the car that works the best with your wants, needs, and budget.
It can really help to talk to a salesperson to find the vehicle that
works the best for you.