With some preparation and savvy shopping, you can find the perfect vehicle at an affordable price. Here are our top tips for first-time car buyers:
Take the Time to Research
Before visiting dealerships, research different makes and models online to identify vehicles that fit your needs and budget. Read expert and consumer reviews, compare features, and check safety ratings.
Consider Financing vs Leasing
- Financing means taking out a loan to purchase the vehicle. You'll own the car and can customize or sell it, but you could have higher monthly payments.
- Leasing is basically a long-term rental. Leasing offers lower monthly payments, but mileage is limited, and you must return the car when the lease ends unless you choose to buy it.
Calculate Your Budget
When determining how much car you can afford, consider both the purchase price and ongoing costs like fuel, insurance, maintenance, and repairs. Online calculators can help you estimate an affordable monthly payment.
Get the Best Deal
Maximize your savings by timing your purchase during dealership promotions and model sales events. Also, shop around to compare prices and ensure you don't overpay.
Stop by Mazda of Valley Stream to browse our selection of affordable models perfect for first-time buyers.
