Buy a Car Without Spending A Fortune

Buying a car is one of the largest purchases that most of us make other than our homes. Here are a few tips to help you save money.

Consider Your Needs Vs Wants

You may want to a turbo charged version and a state-of-the-art stereo system. However what you probably really need is air conditioning for the hot summer months. Go over what you truly need versus what you want. The smaller the budget the more “wants” you’ll have to sacrifice.

Arrange Your Own Financing

If you are buying a used car that isn’t too expensive try to pay in cash. This will save money in the long run since there won’t be any interest charges. Otherwise try to arrange your own financing via a credit union or your bank. They may be able to offer you more favorable rates than the dealership.

Consider Maintenance and Gas Costs

Some cars are more expensive to maintain than others. If saving money is a concern than avoid buying a used luxury car since parts and service tend to be pricey. Cars from brands like Toyota and Honda are generally much more economical to maintain. Also consider fuel efficiency when deciding which car to purchase; this will result in savings at the pump.

Shop Online

Most auto dealers such as http://www.jonesautocenters.com/ offer their inventory online for browsing. Visit all your local dealer’s online sites and comparison shop and pitch one dealer against the other. In some cases you may be able to negotiate online and bypass the in-person negotiations many buyers dread. You can also check out Kelley Blue Book http://www.kbb.com/ in order to check out new and used car prices and values.