How does a car dealership commercials attempt to hook a potential shopper? Come on over to So-and-So Auto Sales with $100 and drive home in a new car!  ITS THAT EASY!

We could only wish car buying could be this simple.  Individuals who are new to car buying will soon find that buying a car can be much more expensive upfront.

Setup a budget:

Before you begin, the smart thing for shoppers to do is setup an overall monthly budget.  Lets say you “plan” on paying a total of $400 a month for 3 years. Now you have a target.

Decide on the ride:

With budget in mind, you now must get a clear view of what car you are shopping for.  You can write down a few cars you may like to purchase.

Learn your car payment budget:

Next step is to call a couple local agents for insurance quotes on the vehicle you are in the market to purchase.  Get a monthly quote and a six month quote.  If you pay six months up front for your insurance, you’ll find yourself earning a discount. 

Finalize your plan:

So lets say you really want that first car you took a note of earlier.  The best insurance rate was quoted at $200 a month or $950 every six months.  Now you know either way you decided to pay for insurance, you have approximately $200 left over in your budget for a monthly car payment. 

Making the deal:

Other things you need to keep in mind when buying from the dealership is tax, title and license.  These expenses can be covered by the dealership if you play your cards right.  Remember, they need to earn your business and it’s not going to happen with only a handshake and a smile.  Make a deal that works with you.  Depending on how starved they are for your business, You may be able to have them pay your first months insurance payment.

After the Car purchase visit us.  Here you can quickly compare rates between 4 or more insurance companies for you newly-owned or pre-owned car or truck.