3 Tips For First Time Car Buyers

Are you thinking about buying your first car? Don’t go into the car buying process alone! Use these three essential tips to shop smarter when comparing new or used vehicles.

Do your research. The first step to buying your first car? Research, research, research! Check online listings and dealerships to get an idea of what cars in your area cost. Think about your needs as a driver — how much space will you need for passengers? Do you plan on using your vehicle to haul tools or sports equipment? As soon as you have a good idea of what you need and what you can expect to spend on a first car, you can begin creating your budget.
Set a budget After you know what you need from your car and what cars in your area cost, you can set a budget. Start by adding up your monthly income (or your savings if you plan to buy your car in cash) and consider how much you can afford to spend on your vehicle. If you need to finance your vehicle, it’s a good idea to try and keep your loan payments under 10% of your total monthly household income.
Know your credit score. Your credit score plays a significant role in your ability to get a loan. If you have a lower score, you might need a bad credit auto loan available near Trenton, NJ, to finance your purchase. PA Auto Credit can provide you with exactly that.

If you have a lower credit score and you think you can’t possibly purchase the car you need right now — think again! PA Auto Credit’s bad credit car loans for Trenton, NJ residents and beyond can make it possible to buy your first car without an 800-point FICO score. To learn more about how offerings such as Buy Here Pay Here can help you finance your purchase, give our team a call today at 800-736-4450