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Car Buying Tips

Buying a new car can feel like a daunting task with different interest rates, loan terms, and pricing. It can be hard to determine if you are truly getting a good deal. Let us help take the guess work out of it for you. Here are some helpful tips to remember when shopping for that new ride!

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1. Know your budget.

Make sure you have your budget set and finalize it before stepping foot on a car lot. Think about your monthly payments, insurance, fuel, and total all of that into your current monthly costs. Only once you have a clear picture of what your new monthly costs will be can you decide on the type of car thats right for you.

2. Decide on the right car for you.

After you have crunched the numbers and created a budget for your new car, take the next step and research what car is right for your needs. Figure out how many people you will need to carry, the roads where you drive, and how fuel effiecient it needs to be. 

3. Get pre-approved for a car loan. 

One of the most import tips we can offer is to get pre-approved for a car loan. Once you finalize your budget and decide on the right car for you, start looking at different banks to apply for an auto loan. Once you get pre-approved you can know exactly what you can spend, rather than getting talked into a deal for a car that is out of your budget.

4. Don't become emotionally attached. 

It is easy to fall in love with a particular car, but if you want to get the right car or a great deal you need to leave your feelings behind. Being able to walk away from that perfect car you want is not easy, but necessary if the price or deal is not within your budget.

5. Look for previous model years. 

One of the more obvious tips on our list, but still important none the less. It is common for automakers to make very few changes between model redesigns over the years. If you are looking for a model that has not seen any major changes in recent years, you could save thousands by buying the previous year's model.