Many Inglewood drivers dread the process of shopping for a new car, but that should not be the case at Airport Marina Honda. It is our goal to make car shopping a stress-free experience. If you are wondering how to buy a new car, our finance experts would be more than happy to walk you through the entire process, answering any questions you may have along the way. Find your dream car in no time at Airport Marina Honda.
When to Buy a New Car
At Airport Marina Honda, we understand that a new car is a major investment for most Culver City drivers. Because of this, you may be wondering when to buy a new car and if it is the right time for you. Here’s how you’ll know when the time is right to take that leap:
- Are you constantly bringing your vehicle into the service center for expensive repairs? Not only can costly repairs impact your wallet, it can also be difficult to fit these service appointments into your busy schedule. If you are beginning to pay more for repairs in a year than you would for a new car, a brand new car is a smart investment.
- Do you feel unsafe behind the wheel of your current car? If you know that your vehicle is not operating safely on the roads of Santa Monica, it is a good time to replace it.
- Do you find yourself needing more space for your growing family? If so, it is a good time to find a new vehicle with a versatile interior and a focus on safety features.
- Is your car failing emissions tests? It could be quite expensive to make the repairs necessary for your vehicle to meet emissions standards.
Find the Car of Your Dreams
If you have determined that it is in your best interest to purchase a new car, you may be unsure of where to begin. The first step you should take is to plan a budget. Do not exceed that budget or get more car than you actually need. Once you have calculated what you can afford each month, follow the steps below:
- Narrow down your search by taking a look at your driving habits, cargo space needs, and desired technology and safety features. Once you have created a wishlist, you can begin searching for models that check all the boxes.
- Pick your top three models. Research these models more in depth by also looking at safety ratings, reliability, lifespan, etc. Setting up a test drive in each can also be beneficial.
- Take into consideration any big upcoming sale weekends or holidays. Many dealerships offer additional savings during these times.
How to Afford a New Car
Before signing on the dotted line, it is a good idea to take a closer at your budget. How much can you afford to spend on a car? Remember to also look at how your monthly payments will factor in with your other debts. According to U.S. News, your car payment should not put your monthly debts–including credit cards, student loans, rent, etc.–over a third of your monthly income. Additional costs you need to consider include:
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- New Car Sales Tax: This tax is non-negotiable. Generally, this amount is added to your car loan.
- Interest Rate: If you have a lower interest rate, your monthly payments will also be lower. The interest rate you receive varies based on factors such as your credit score.
- Trade-in Value: Are you planning on trading in your current car, but you still owe money on the loan? A dealership can add the amount that still remains onto the price of the new vehicle.
Discover Your New Car at Airport Marina Honda in Los Angeles!
The finance experts at Airport Marina Honda are here to further explain how to buy a new car if you have additional questions, including how to trade in your car. Begin the pre-approval process from home, or stop by in person to browse our current selection. Contact us today for more information.
