How to Buy a New Car

Are you planning to upgrade your Mission ride? This can be a stressful time, as there are so many buying options available to you. Therefore, you might be wondering how to buy a new car in McAllen, and not know where to turn. You even might have had a negative experience in the past, and the thought of purchasing a new car causes stress. Luckily, the experts at Burns Motors, Ltd. are here to help you decide when to buy a new car, and show how the process works. For more information, feel free to contact us anytime!

When to Buy a New Car

Deciding when to buy a new car can be a difficult decision, and you must be ready to take the leap financially. Let’s take a look at when to buy a new car around Edinburg:

1. You often are paying large amounts of money for repairs, which can cause you financial stress and take up your valuable time. When the repairs cost more than a new vehicle, you might want to consider purchasing a new car.
2. If you do not feel safe in your current vehicle, it’s certainty time to purchase a new vehicle. It’s not worth risking getting into an accident due to a mechanical issue.
3. If your vehicle no longer serves your needs, or you have a growing family and need more space, it’s worth looking into purchasing a new, larger vehicle.
4. If your vehicle cannot pass inspection, and is failing emissions test, it’s time to consider purchasing a new vehicle, as repairs are pricey. This could save you a lot of many in the future.

How to Find Your Ideal New Car

When learning how to buy a new car, you might not know where to begin looking for your next McAllen ride. A good rule of thumb is to first set a budget, so you know exactly how much you can spend. Let’s check out a few helpful tips so you know where to begin:

1. Consider things such as your driving habits, interior dimensions, technology and safety features, and other must haves. You can then start to narrow down your search with vehicles that fit your needs.
2. Once you start looking for new vehicles, you should choose up to three models that could be a good fit. You should then begin your research and look for things such as safety features, lifespan, and reliability. You can even choose a time to test drive every model so you know what to expect on your daily McAllen drives.
3. Once you’ve narrowed it down to one, check out some local dealerships to see what their inventory looks like. It’s also important to see what other shoppers paid for the same vehicle. 
4. If there are any big upcoming sale weekends or holidays like Black Friday or Presidents Day, you could get a nice deal on your new vehicle. 

Now that you’ve conducted your research and found a vehicle that fits your needs. Head over to your local McAllen dealership to bring home your new ride.

How to Afford a New Car

A critical step in learning how to buy a new car is how to afford one. It’s important to take a close look at your overall budget, and see how much you’re able to spend. Although you might be ready to jump on the first vehicle you see, it’s important to consider your overall financial situation. According to U.S. News, your car payment should not put your monthly debts–including credit cards, student loans, rent, etc.–over a third of your monthly income. It’s also important to consider these additional costs:

• New Car Sales Tax: This is typically added to your car loan amount, and is non-negotiable.
• Interest Rate: Your interest rate will also affect your monthly payment. The lower the interest rate, the lower your monthly payment. However, you would need to qualify for lower interest rates dependnig on your credit score. 
• Trade-in Value: You can also trade in your current vehicle, and put that value towards your new car. If you still have a balance to pay off on your trade in, this can be added to your new loan.

Learn How to Buy a Car Online at Burns Motors, Ltd.!

Now that you know how to buy a new car, get in touch with Burns Motors, Ltd. to learn how to buy a car online! You can browse our new vehicle inventory, and apply for financing to start the buying process. Be sure to check out our new vehicle specials to save on your next purchase near Pharr!