Buying your first car is a major milestone for any young driver. But whether you’re planning to buy a new car or a certified pre-owned vehicle, there are several things to consider before making a purchase. Carefully evaluating your needs and wants will help you find a car you love at a price you can afford.

What Type of Car Do You Need?

Before shopping for cars, you need to consider your finances. Most people don’t have enough cash available to make a full payment, which means you’ll need to get a loan. Your credit score and ability to make a down payment will affect your ability to obtain financing. Improving your credit score and saving money for a down payment will help you get a lower loan rate, which will result in more affordable monthly payments.

What Type of Car Do You Want?

Deciding between a new car or a used car is a big decision for many buyers. When buying a new car, you won’t have to worry about underlying mechanical issues resulting from a past owner not taking good care of the vehicle. New cars also come with warranty coverage for many parts and systems. Buying used can be significantly cheaper, but you should inspect the car for any maintenance issues before buying. Whether you buy new or used, always take the car for a test drive to ensure you’ll enjoy driving it on a daily basis.

How Can You Keep Your Insurance Rate Low?

Car insurance will be another important cost to consider when buying your first car. Young drivers can get discounts by taking defensive driving courses and improving their credit rating. Safe driving (and driving less) can also help lower your rate. Be sure to compare quotes from multiple insurers, and remember that your location and vehicle model can also influence your rate.

For high-quality new cars, used trucks, and more, visit Jack Kain Ford Inc. in Versailles, KY. Serving the area since 1961, Jack Kain Ford has helped over 50,000 locals find their next vehicle, providing friendly, trustworthy service to become a true industry leader. To learn more about their current inventory or to schedule a test drive, visit them online or call (888) 685-1211.