With longer terms, flexible financing options, and rebates to potential buyers, purchasing a vehicle from a car dealership has become simpler these days. But while it’s easy to get swayed by a few extra perks, you may not be ready to buy a new car. Finding the answer to that question can be perplexing if you’ve never purchased a car before. Here’s what you should consider before getting your first set of wheels.

A Guide to Purchasing Your First Car

1. Figure out Your Finances

The true cost of owning a car includes maintenance expenses, repairs, fuel, toll fees, taxes, and insurance, all of which may come with monthly finance payments. Try to come up with a monthly figure and compare it against your budget to see whether you can afford the extra cost and avoid late payments, which can damage your credit score.

If you plan on buying new, factor in depreciation since car values drop faster in the first two years of ownership. Knowing what the car will be worth after a few years of ownership will come in handy should you decide to trade it in for a newer model.

2. Check Your Credit Score

A good credit score puts you in the driver’s seat when negotiating a price for the vehicle you want. Good to excellent credit gives you lower financing rates and may even get you a discount on the MSRP. As such, you should know your score before walking into a showroom. Your lender and car dealership will want to know your credit history to gauge whether you can make the car payments.

3. Compare Prices

Tempting as it may be to drive away in a new ride, avoid buying a car on your first visit. Instead, take a good look at your choices and ask about possible financing options, then drop by other showrooms to get an idea of the price range. Gather enough information to make a well-informed decision by getting quotes from several dealers.

4. Consider All Your Options

With a plethora of car makes and models, it can be challenging to find one that suits your budget, needs, and preferences. Consider buying a pre-owned or used car instead of a new one. Pre-owned vehicles bought from a reputable dealer are reliable and more affordable.

5. Test Drive

Even if you’re familiar with the particular model you’ve got your heart set on, ask the car dealership to take it for a spin to see how it actually feels behind the wheel. It’s also a good opportunity to keep an eye out for any unusual sounds or sensations while driving, especially if you’re buying a pre-owned vehicle.  

When you’re ready to purchase your first vehicle, drop by FacilDeal Auto Center. As the top car dealership in Polk County, FL, they have an impressive selection of certified pre-owned cars and flexible financing options to choose from. Let the auto sales experts help you choose a first car that’s perfect for you. Call (863) 588-2159 or visit the website for more information.