How to Buy a New Car

On the hunt for a new set of wheels to upgrade your Milwaukee commute? If so, you are about to embark on an exciting journey to find your new car. If you’ve never purchased a vehicle or you’ve been driving your current model for a while, you may be unsure about how to buy a new car or when to buy a new car. Luckily, our Morrie's West Bend Honda team is here to help you get started. We offer tons of car buying tips and can guide you through every step of the way. Learn how to buy a new car with us below!

When to Buy a New Car

An important part of learning how to buy a new car is determining when to buy a new car. Since an automobile purchase can be a hefty investment, it’s wise to plan ahead. That being said, if the following is true for you, it may be time to take the leap into a new Brookfield ride:

1. You’re frequently making trips to the repair shop for expensive service. This can take a toll on your wallet and your time. After a while, you will end up paying more for repairs in a year than you would for a new vehicle. 
2. You feel unsafe behind the wheel. If your car has left you doubting your safety, it’s time for an upgrade. Driving a hazardous vehicle is stressful and dangerous. 
3. You may need a new setup for your growing Hartford family. It might be time to trade-in the coupe for a more family-friendly option like a Honda Odyssey.
4. If your vehicle is unable to pass emissions testing, it can be costly to get your ride up to snuff. Opting for a new car may lead to savings in the long run. 

How to Find Your Ideal New Car

Now that you have narrowed down when to buy a new car, you might wonder where to begin. A good place to get started is with a budget. Setting a reasonable budget that you can stick to will lead to overall financial and automotive satisfaction. Our finance team is here to help you develop a budget and plan that suit your needs. Below, you will find what to do next after setting your budget:

1. Narrow down your search. Think about your driving habits, cargo needs, desired technology, and preferred features. Find models that tick those wish-list boxes and proceed from there. 
2. Select your top three models. Then conduct thorough research of each one, looking at safety ratings, reliability, lifespan, etc. It’s ideal to test drive each of these models to find your fit. 
3. Once you discern which is your top pick, do a local search to find your dealership option. You can request quotes and prices to get a feel for the local market. 
4. Account for any upcoming events like, Black Friday or Presidents day, that could lead to additional savings. 

How to Afford a New Car

Once you pick out the car you want, it’s time to examine your budget a bit closer. How much can you truly afford to spend on a car? The prospect of bringing a new car home to West Bend is always exciting, but you don’t want to sink your finances for a new set of wheels. According to U.S. News, your overall monthly debts, including your car bill, should not exceed one-third of your income. Take a look at your credit card bills, student loans, rent obligations, and more to decide how much more debt you can take on. When you’re in the process to secure the keys to a new ride, keep the following costs in mind:

• New Car Sales Tax: This non-negotiable fee will be added to your car loan amount. 

• Interest Rate: The interest rate of your loan will impact monthly payments. If your rate is lower, then your payments will be smaller. However, you must meet certain qualifications to get a good interest rate. Check your credit score before heading in to buy. 

• Trade-in Value: If you already own a car, you can trade it in and put the residual value towards paying down your car loan. If you still owe money on your current ride and decide to trade it in, the remaining balance will be added to your new loan deal. Our online trade value tool is a great place to research what you could gain from selling us your car. 

When you are ready, you can work closely with our financiers to ensure you get the best possible deal on your automotive enhancement. You can apply for financing and calculate your payments all from the comfort of your own home! 

Discover Your New Car at Morrie's West Bend Honda

Here at Morrie's West Bend Honda, we have a wide range of diverse vehicles to meet your needs. From the zippy Civic to the robust Pilot, we have options for every driver. If you are ready to upgrade your driving and shopping experience in one fell swoop, contact Morrie's West Bend Honda to get started!

New Honda Specials at Morrie's West Bend Honda