It’s not just the price of the vehicle – and the payments that flow from it – that affect your car budget. Did you know that the cost of owning and using a car can reach thousands of dollars a year? If you opt for a used car, think of all the unexpected repairs in addition to regular maintenance. With your budget in mind, you will make a better choice that will not take you by the throat.
What are my needs now … and in five years?
Why do you need a car? What use will you make of it? From the long road or the city? After this reflection, you must ask yourself if your needs are likely to change in the coming years because of a job change, a baby, a teenager who wants to use it, etc. Thus, you will know if you should opt for a used or new car and, in the latter case, whether you have to rent or buy. used cars in Raleigh is easily available.
What is the fuel consumption of the vehicle?
Gas is a very important expense related to the purchase of your vehicle. Depending on how you use your vehicle (in the city, long distances, or both!), Fuel consumption will have an impact. Take the time to analyze this data that you can also find on most car dealership sites.
What are the equivalent or similar models?
Of course, this question is not for the car dealer who will not recommend a car of another make. But you can ask it if you are shopping for a used car in complex selling used cars. Also, you can do the job yourself and refer to different sites that can give you this info and even comparative tables: autogo.ca, Consumer Reports (in English) or auto123.com.
What are the possible financing methods?
Rent or buy? Check the “for” and “against” rental and purchase. Then, find out about the types of financing available at the merchant or at your financial institution (on your mortgage margin, for example!). Here’s how to calculate your auto loan. Do not make decisions on a whim and take the time to see what your institution offers you.
Is it possible to benefit from double discounts?
Dare to ask … the worst that can happen is to be told “no”. If the funding is 0%, maybe you can still benefit from another advertised discount