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5 questions you should ask yourself when buying a new car

How do you find the car that will exactly suit your needs? How can you choose the perfect car for you and your lifestyle? What is  the most important criteria when buying a new car for you (fuel economy, price, size…)? Well, there are 5 things you definitely have to know when deciding what’s the right vehicle for you:

5 steps to finding the right car

 1. Lease or purchase the vehicle

 one of the first questions you should answer yourself is if you want to buy a new car or if you prefer to lease it. There are pros and cons about each option that you must keep in mind.

For example, leasing usually requires lower monthly payments, gives you the opportunity to stay under warranty and you get to change your vehicle every 3-4 years. The cost of owning a lease is a lot less because your out of pocket money is not going to be as much as if you purchase the vehicle.

On the other hand, buying a new car is more expensive initially, the interest rate is higher, but it allows you have the car exactly how you want it.

Click here to see the difference between buying and leasing a car

2. Define your needs

The next step is to examine your needs. Take a moment and think about what you use your car for. Do you drive a lot? Is your family changing and you need more space? How many people do you need to transport? Do you need a third-row seat? How is your parking space? Would this car fit in it? Any safety features to take into consideration?

3. Set your budget, how much you can afford?

Regardless of whether you decide to lease the vehicle or buy a new car, you will need to think about the price. How much can you really afford? You will need to establish a realistic monthly payment that fits into your budget.

Remember: Think about the purchase price, down payment, the length of your loan and interest rate.

If you have a vehicle to trade in your buying process, you should know how much it’s worth or how much you owe the bank before you go shopping for a new vehicle.

4. Wants vs Needs

Your preferences, lifestyle and habits play an important role in your car buying process. What is the car of your dreams? What is the combination of options that make perfect the car you want?

Do not forget to ask yourself the following when buying a new car:

What color do I want?

Is technology important to me?

Is this a family car?

What safety features do I require?

Is it just a fun vehicle to drive?

What brand do I prefer?

5. Finding an auto broker

Here at Jorge Auto Broker we know it is still hard to match your expectations with the reality when buying a new car. Let the professionals do the hard work for you and get you exactly what you are looking for or what you need.

CONTACT US and let us surprise you with our experience and excellent customer service.

Jorge Rey

Jorge Auto Broker

Enjoy your ride!

 

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