It’s an exciting time—you’ve finally decided to take the leap and purchase a new vehicle. But before you get behind the wheel of your dream car, you need to figure out your budget range. This is going to need to be realistic for whatever your current financial situation is. Having at least a ballpark number in mind will ensure you don’t overspend at the dealership. Here are tips for finding out what you can afford.
Determine your car’s trade-in value
We have a great online resource to determine the trade-in value of your current Jeep® Wrangler or Chrysler 300. It’s an easy way to put a quick and easy down payment on a new vehicle. You can also visit our Dodge dealership in Millville for more information about or assistance with determining trade-in value.
Online finance calculators
Many websites, like cars.com, have a helpful car affordability calculator option where you can enter your information and determine how much you can spend on a vehicle purchase overall. Try entering in your information on one of these and see what your recommended spending would be.
Write everything down
Once you have determined your budget, figure out the style of vehicle you want, and write down a number that is the maximum you can spend. Having this number in hand, you won’t be tempted to spend more than that when you visit the dealership to start test driving.
Keep these budgeting tips in mind before visiting our New Jersey Dodge dealers at Lillston Chrysler Dodge Jeep RAM. Once you have your firm budget, you’ve picked out the car for you, and you’re ready to take it home, we’ll be able to assist you with your car financing options. Stop by and see us today!