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Choosing the Righ Car, Truck or SUV

Looking to add a vehicle to your garage?

Buying a vehicle is a major purchase that deserves lots of research and consideration. You need to find a vehicle that will not only satisfy your daily needs but make you happy. Of course, this vehicle also needs to fit your budget. Let’s take a look at the 10 things that you should look for when you are in the market for a new vehicle.

1). What are your daily needs?
One of the first things that you need to consider is your daily needs. Do you have a family? You will likely need a vehicle with four doors and lots of space. Also think about  the driving environment. If you live in an area that gets lots of snow or rain, then you will want to consider a vehicle with all wheel drive. Finally, think about how much storage space that you need. Perhaps you have a small business that requires lots of cargo room? In that case, you will want a large SUV or pick-up.

2). What is your budget?
How much you have to spend is going to play a big factor when it comes to finding a vehicle. Now, there are a number of ways that you can approach your budget. If you are looking to pay cash, then you can just look at how much money you have in the bank. However, if you are looking to finance, then you should consider your income as well as the current interest rate on automobile loans. You will also want to check your credit score, which will determine the interest rate that you will qualify for.

If you are looking to finance, then let the experts at Used Car Factory help you.

3). Decide if you want to lease or buy
When looking for the right vehicle, you will want to decide whether you want to lease or purchase. Here are some of the advantages of each:

Leasing:
?    Sometimes allows you to get a newer vehicle
?    You only pay for the time that you own the vehicle
?    Almost always a bad financial decision as you do not take ownership of the vehicle and will always have a payment

Purchase:
?    You can own the vehicle for as long as you wish
?    You can modify the vehicle
?    You can later re-sell or trade-in the vehicle
?    Once paid off you will be without a car payment!

4). Decide if you want to buy new or used
Another factor you will want to think about is whether you want to buy new or used. If you decide to buy a new vehicle, then you will be getting a car, truck or SUV with the latest performance, tech and safety features. A used vehicle is almost always more affordable. You should look at your budget and see what is available on both the used and the new vehicle market. New vehicles depreciate very rapidly and, for this reason, usually are not a wise investment.

5). Find what vehicles are available
After you have figured out your daily needs and your budget, then you should begin to create a shortlist of vehicles. You can begin your search by looking at the online inventory at www.usedcarfactorytc.com. You can filter the dealership’s inventory by model, vehicle type, model year, and price range.

6). Consider the right dealer
Now that you have your shortlist of vehicles, you will want to do a little research on the dealers on your short list. The good news is that just about everyone dealership has been reviewed by customers. You should carefully check out what people like and what they don’t like about each dealer. At this point, you should filter out dealerships that have low review scores. This will allow you to only deal with the best of the best.  However, keep in mind that some reviews are not legitimate or may have been made when the dealership was under other ownership at the time.

Choosing the Righ Car, Truck or SUV

Looking to add a vehicle to your garage?

Buying a vehicle is a major purchase that deserves lots of research and consideration. You need to find a vehicle that will not only satisfy your daily needs but make you happy. Of course, this vehicle also needs to fit your budget. Let’s take a look at the 10 things that you should look for when you are in the market for a new vehicle.

1). What are your daily needs?
One of the first things that you need to consider is your daily needs. Do you have a family? You will likely need a vehicle with four doors and lots of space. Also think about  the driving environment. If you live in an area that gets lots of snow or rain, then you will want to consider a vehicle with all wheel drive. Finally, think about how much storage space that you need. Perhaps you have a small business that requires lots of cargo room? In that case, you will want a large SUV or pick-up.

2). What is your budget?
How much you have to spend is going to play a big factor when it comes to finding a vehicle. Now, there are a number of ways that you can approach your budget. If you are looking to pay cash, then you can just look at how much money you have in the bank. However, if you are looking to finance, then you should consider your income as well as the current interest rate on automobile loans. You will also want to check your credit score, which will determine the interest rate that you will qualify for.

If you are looking to finance, then let the experts at Used Car Factory help you.

3). Decide if you want to lease or buy
When looking for the right vehicle, you will want to decide whether you want to lease or purchase. Here are some of the advantages of each:

Leasing:
?    Sometimes allows you to get a newer vehicle
?    You only pay for the time that you own the vehicle
?    Almost always a bad financial decision as you do not take ownership of the vehicle and will always have a payment

Purchase:
?    You can own the vehicle for as long as you wish
?    You can modify the vehicle
?    You can later re-sell or trade-in the vehicle
?    Once paid off you will be without a car payment!

4). Decide if you want to buy new or used
Another factor you will want to think about is whether you want to buy new or used. If you decide to buy a new vehicle, then you will be getting a car, truck or SUV with the latest performance, tech and safety features. A used vehicle is almost always more affordable. You should look at your budget and see what is available on both the used and the new vehicle market. New vehicles depreciate very rapidly and, for this reason, usually are not a wise investment.

5). Find what vehicles are available
After you have figured out your daily needs and your budget, then you should begin to create a shortlist of vehicles. You can begin your search by looking at the online inventory at www.usedcarfactorytc.com. You can filter the dealership’s inventory by model, vehicle type, model year, and price range.

6). Consider the right dealer
Now that you have your shortlist of vehicles, you will want to do a little research on the dealers on your short list. The good news is that just about everyone dealership has been reviewed by customers. You should carefully check out what people like and what they don’t like about each dealer. At this point, you should filter out dealerships that have low review scores. This will allow you to only deal with the best of the best.  However, keep in mind that some reviews are not legitimate or may have been made when the dealership was under other ownership at the time.

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