Getting your driver’s license is an exciting milestone in any young person’s life, and it opens the door to buying your first car. The car-buying process can be stressful and overwhelming for a new driver. Here’s a few things we think you should keep in mind when you’re making your decision.
Know What You Need
It’s easy to be drawn to vehicles like luxury convertibles and high-powered sports cars, but if you’re looking to get your very first car, you want to stick to the basics. Find something practical. Do you need all-wheel drive for snowy, icy weather? How much do you want to spend on gas? Thinking these questions through gives you a good idea of what you’re looking for.
Have a Good Grasp on your Finances
When you buy your first car, you need to have a clear outlook of how much money you can set aside to pay the loan every month. Check your credit score, even if your parents or guardian have agreed to cosign on your loan.
Don’t be afraid to walk away from a deal and spend some time looking at other options. Look at a wide variety of cars and dealerships. Take various cars for a test drive. Shop for good loan options. Then, close the deal.
If you need help with this first big automotive purchase, we here at the Mike Raisor Pre-Owned Center are ready to provide the guidance you’re looking for.