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Buying your first car is a major milestone that enhances your independence as a young adult. Whether you purchase a new or a pre-owned car, you'll need to prepare for the decision to choose the right vehicle for your lifestyle. Below are a few tips to ensure you get the best deal possible. 

A Guide to Buying Your First Car

1. Establish a Budget

Knowing what you can afford helps you avoid making an uninformed decision about one of the largest purchases you'll make. As a general rule, a new car should not cost more than 20% of your yearly gross income. Based on this, you can create a budget that includes all your current income and regular expenses to determine how much you can realistically afford. If you're applying for a loan, check your credit score as well to ensure you'll be eligible for a reasonable amount. 

2. Consider New vs. Used Car Benefits

pre-owned car

Once you know what you can spend, you still may not be sure whether to invest in a new or used vehicle. Used cars are usually more affordable with lower insurance rates and a wider variety of options. Pre-owned cars also do not depreciate at the rate new vehicles do. However, new cars are mileage-free, offer excellent fuel economy, and do not require intense maintenance prior to purchase. Speaking with a car sales team can help you determine which one is right for you, based on your driving habits, budget, and lifestyle.

3. Take Test Drives

You should feel comfortable behind the wheel of a new car. Luckily, test drives give you the opportunity to feel out a new vehicle and get used to it before committing. You can drive the vehicle around your typical streets, including city roads and highways, to make sure you can drive it without any problems. It also helps to bring a knowledgeable friend or family member who can help identify potential issues that may otherwise go unnoticed.

 

Find the perfect vehicle at Pat Kaiser’s Christiansen Motors, Inc. The dealership in Audubon, IA, offers an extensive inventory of new and pre-owned cars to drivers within a 50-mile radius. Call (712) 563-4241 today to request an appointment or review their latest specials online

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