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Guidelines For Your First Car Purchase

29 September 2014 - 13:00, by , in Auto Insurance, No comments

Carrollton New Car Buying Tips

While buying a new car can be an exciting experience, it can also be an experience filled with regret if it is not done so properly. If this is your first time purchasing a car, you may be inclined to just sign the papers and live with the consequences. However, with these new car buying guidelines, you can become a proud car owner, free of regrets:

  • When you get approved for a car loan by the bank or credit union beforehand, you can best determine exactly how much you will be spending each month from the get go. Your credit history will determine the interest rate of your loan, so checking in advance can allow you time to boost your credit score if necessary, so that you can receive an affordable interest rate.
  • The second step is to determine exactly how much you will be receiving for your trade-in vehicle. This will likely determine the amount you put down, so this is a very important step.
  • Once you find the car of your dreams, determine which special features will get you auto insurance discounts and which features are simply unnecessary. You may want to be flexible during this phase so that you can better negotiate your desired price.
  • If you are looking at prices for a particular vehicle on the dealership’s internet department, you may want to request a price guarantee.
  • Be sure to keep in mind that you will be required to pay not only the cost of the car, but sales tax, registry fees, and a documentation fee during this single transaction.
  • Most importantly, do not make any sporadic decisions. When it comes to car shopping, it is best to take your time and make sure that this is a purchase you will not regret.
  • One last thing make sure that you tell your insurance agent if you have added special equipment because there are limitation on certain types of additions such as wheels and stereo’s.

Contact Mike Leonard Insurance Agency in Carrollton for all of your Texas auto insurance needs. We can provide your new car with the protection it deserves with a comprehensive auto insurance policy tailored to meet your exclusive needs.

At Mike Leonard Insurance Agency, our goal is to serve our clients with comprehensive personal insurance solutions at affordable prices. Because we are an independent agency, we are able to prioritize our clients' needs without having to worry about confounding factors such as commissions or overhead costs.