Your Next Car Buying Experience Doesn’t Have to Be Scary! Tips to Make NEW Car Buying Easy!

Your Next Car Buying Experience Doesn’t Have to Be Scary! Tips to Make NEW Car Buying Easy!


 

As surprising as it may seem buying your next new car doesn’t has to be as scary as you may think. With research, preparation and patience, you can assure that your next new car buying experience is a breeze. Here are 5 tips to make your next car buying experience as smooth as possible, with no tricks, just all treats.

1. Get a good idea of your credit/financial situation 

The number one and most important step to your car buying process is going to be to get a good idea of your finances. If you plan on financing your next vehicle like the nearly 107 million Americans who have car loans currently according to a recent study by CNN, you need to know your credit score. Start with getting a free copy provided by most banking intuitions or online credit monitoring systems like CreditKarma.com. To have an idea of what you are truly working with. Credit is king in most financing situations and your next new car is no different. Your credit score is going to determine your APR rate, your monthly payments and even ultimately determine what type of car you can even afford, based on what your credit will be able to handle. So it’s important to always start here. If you plan on buying your car cash, take an honest look at your finances and determine a hard dollar amount that you do not want to exceed with this next purchase.

2.  Determine Your Budget

In the automotive industry, more often times than not, we see consumers get stuck on the “idea” of the type of car they want without even considering their budget. Before you even determine what type of car you’re shopping for, we recommend you taking the time to consider how much car you can truly afford. Meaning, ask yourself what is the max monthly payment you can make on your next new car. This is also a cause for transparency with your own self and finances to determine what you can truly handle plus all of your other monthly expenses. From there you can then determine what car is truly going to fit in your monthly budget by realistically calculating the monthly payments. Most dealership sites like our website provides a payment calculator that helps you calculate your potential monthly payments inclusive of money down, financing terms and estimated financing rate.

 

3.  Choose Your Vehicle

Now that your finances have been determined it’s time to move on to selecting your vehicle. We always recommend you making a list of the features and considerations important to you in your next vehicle. Whether it’s safety for your children, a sun roof for cruising or leather seats for styling purposes. Determine from the beginning what you can and cannot live with or without on your next vehicle to determine what type of car you need. Based on your feature wants and needs and your pricing budget, we recommend you utilize filter tools provided in your car search to create specifics for what you’re looking for based around those parameters. 

4.  Research Your Rebates and Incentives

No matter when you choose to buy your car, there is more than likely always going to be some type of manufacturer sanctioned rebates and incentives out there for consumers to take advantage off. The best place to start for the rebates is going to the manufacturer website. From there you can see all of the discounts the manufactures' are offering to prospective customers to purchase. Another savings tip to be aware of is on top on manufacturer discounts, dealerships also extend specific incentives and discounts to their customers for purchasing with them.

5.  Select Your Dealership

This should be the last step, because your dealership should be the icing on the cake. We recommend selecting the dealership that features the car that you want with the greatest variety of the vehicle you’re interested in and offering the most advertised rebates at the time, to ensure you get the most bang for your buck. If you’re in the Durham, Raleigh, Chapel Hill, Cary and Burlington NC area we know that will be an easy selection, Crown Honda of Southpoint is going to be sure to give you the best deal on your new Honda in a 50 mile radius. Don’t believe us? Try us!


 

The moral of the story is that preparation is going to be key in making your next car purchase as less stressful and least scary as possible. With having everything in order and being prepared, there is no scare or negotiation tactic that you can’t take!



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**Based on 2014 EPA mileage ratings. Use for comparison purposes only. Your mileage will vary depending on driving conditions, how you drive and maintain your vehicle, battery-pack age/condition and other factors.