How to Buy a New Car

Searching in Fort Collins for a new with the latest connectivity and comfort features? Selecting and customizing your next car is definitely exciting, but the car-buying process isn’t always easy! If you’re feeling unsure about where to begin, the Tyrrell Auto Centers auto finance experts are here to help. Read the guide below for our tips on when to buy a new car, how to buy a new car, and more.

When to Buy a New Car

A new car is a big move for your finances, so your first decision should be whether now is the right time to buy. Wondering when to buy a new car in Greeley? If the following scenarios sound familiar, then it may be time to take the leap:

• Your current car regularly needs costly repairs. If that’s the case, you may already be paying more in repairs than you would in monthly auto payments for a new car.
• You don’t feel safe driving in Laramie. First off, don’t underestimate the value of peace of mind! A collision could cost far more than new , and you can’t put a price on your safety.
• Your current car no longer fits your needs. Especially if it’s still in good shape, you may not want to part with your car. But what used to be a perfect fit for your life in Loveland may now cause unnecessary headaches and inconvenience. Keep in mind that you can save on your new car by trading up!
• If your car is routinely failing emissions tests, repairs aren’t going to come cheap. Knowing when to buy a new car means considering the money you’ll save down the road.

How to Afford a New Car

Step one of learning how to buy a new car is setting a budget — and step two is sticking with it! When figuring your expenses, remember to factor in fuel, necessary add-ons like child safety seats, the cost of service and maintenance, and other debts. More costs to consider include:

• New Car Sales Tax — Typically added to your car loan amount, this tax is non-negotiable. 
• Interest Rate — A higher credit score will score lower interest rates. If your score needs work, take steps to raise it before you buy. Even a few points can help!
• Trade-in Value — Many dealerships will buy your current car from you and apply that amount to the price of your new one. Value Your Trade for an instant appraisal online!

Discover Your New Car at Tyrrell Auto Centers in Cheyenne

Need help finding a vehicle that fits your budget? We’re here to help you find the perfect model — from new and certified pre-owned vehicles to models priced under 10k, there’s something for everyone. Apply for financing online to get started today! Looking for other ways to bring home a new-to-you ride? Learn about used car leasing opportunities today! You can also learn how to trade in your current model with our team! Ready to buy? Learn about gap insurance with our team!