It’s important to be prepared when planning to buy a car. You don’t want to just rush in and later discover that you bought the wrong vehicle or aren’t able to afford it. To make the right decision for you, the Maryland Honda dealers at Heritage Honda Parkville have three helpful tips.
Know What You Need
First and foremost, a car has to be able to meet your needs. For example, if you have a large family, going with a small sedan is probably not the best choice.
Think about the things that are necessities, like good gas mileage and advanced safety features. Maybe you need a Wi-Fi hotspot or a lot of cargo room. The more detailed you can be able your must-haves, the easier it will be to narrow down your options.
Think About What You Want
Once you have your needs down, you can focus on your wants. These are the amenities that would be great to have, but wouldn’t be dealbreakers if they weren’t included. These might include heated and ventilated seats, a premium sound system, or a built-in navigation system.
Understand What You Can Afford
Now it’s time to think about your finances. Start with the down payment, which ideally should be around 20 percent of the sale price.
Then, consider how much you can pay each month. A rule of thumb is to not exceed 10 percent of your income on all car-related expenses. When you know how much you will need to borrow — and pay back — you can then determine a loan term to get reasonable monthly payments.
Chat with Our Maryland Honda Dealers in Parkville, MD Today
With the right preparation, you can find the perfect vehicle. If you have any questions or are looking for more guidance, contact our Heritage Honda Parkville. Or just come down to our dealership to speak to someone in person — we can’t wait to help you!
