Buying a car is a big decision, one many take too lightly. Not only is a car purchase a huge investment, but also one you may be stuck with for a long period of time, making it crucial to find a car that fits both your needs and your budget.
Finding the right car is much easier if you ask yourself a few questions before ever stepping into a dealership. First, what kind of car do you need? Consider things like the number of people you will need to transport, how much cargo room you want, if you want all-wheel drive, the type of gas mileage you hope to get, whether you will be towing anything, and what safety features you would like. All these factors play a role in the overall type of car that will work best for your lifestyle, whether that is a sporty coupe, a family friendly sedan, an eight passenger SUV, or a rugged pickup truck.
Next, determine how much car you can actually afford. Establish a realistic goal by looking at your budget and how much money you make. Many suggest not exceeding 20% of your monthly take-home pay. Then utilize an online payment calculator to see what purchase price will keep you within your payment goal. Make sure to also consider a car’s cost of ownership in your overall ability to afford a vehicle. While two cars may have the same purchase price, one may cost more to maintain, insure, fuel, or may even depreciate faster, making it the more costly choice overall.
Finally, ask yourself if you’ve fully researched all possibilities. If you have a particular type of vehicle in mind, look into all models within that same class. You may find a model you hadn’t considered that offers more of the features you want or costs less. You should also make sure to research interests rates, look into your credit history, and determine your overall ability to qualify for a car loan before making any decisions.
Once you have determined the best car for you, you’ll be much more prepared to make an informed decision and find a car that you can love for years to come. Of course, if you still need help determining just what car is right for you, the sales and financing representatives at Pfeiffer Used Cars are happy to assist. Stop into our Grand Rapids showroom today and let us find the perfect vehicle to match all your needs!