When you’re contemplating buying a new vehicle, there are lots of things to factor in. A few of those include how you’ll mainly use it (family stuff, work, weekend adventures). There are fun things like the color and extra features. But the biggest factor is how to pay for that new car in the smartest, most budget-friendly way possible. Peruzzi Mitsubishi has many affordable ways to make that happen, but there are some basics that smart car buyers can do ahead of time that will help get the most from any deal we offer.
Typically, most car buyers choose to finance their purchase. Car loans typically run from 24 to 72 months (68 months is the average). The longer the loan, the lower the monthly payment (although you may rack up more in interest fees). Take a hard look at how to balance out an affordable monthly “nut” and what the full cost on the end will be.
To get the best terms on a loan, a good credit rating is important. Before you start shopping around, check your credit report. If it needs a little work, it pays to hit “pause” on the car buying decision to improve the score. Many online sites will give you free access to your report as well as tips on how to build it up quickly.
Another thing to factor into your car-buying budget is a down payment. Simply put, the more money you can put down, the less you’ll have to finance. Trading in another vehicle is generally factored into your up-front deal. If you’ve taken good care of your current car or truck, you’re likely to get more value (this is why regular servicing pays off in the long run).
If a brand-new ride is out of the question, don’t worry. Peruzzi Mitsubishi offers a full selection of quality, thoroughly inspected pre-owned vehicles. These are a financially attractive option for buyers who want a reliable car and an exceptional deal.
Don’t let the financial details of buying a new vehicle overwhelm you. With a little planning – and help from the sales/financing experts at Peruzzi Mitsubishi – getting into the perfect new car, truck or SUV will be painless.
