ONLINE BANKING
Access ID:
Pay Online Button
Apply Now Button

A beginner's guide to buying a car [VIDEO]

Posted on Monday, January 12, 2015 at 10:31:12 AM

Buying a car is a complicated process. In addition to the many options out there, you also have to deal with aggressive dealerships and price negotiations.

This can overwhelm any buyer. To help you out, we pulled together a beginner's guide to the car-buying experience.

For starters, you need to do your research. The best place is online. Here, you can look for possible vehicles, compare prices and talk with other owners to get a first-hand experience. Don't head to the dealership without first researching online.

Next up is the price. This is incredibly important - don't spend more than you can afford. During your research phase, you'll want to narrow down your options to a few that fit your budget. Then, you can call dealerships to learn who has the best offer. Pitting dealers against one another will help you lower the asking price and save you money in the long run.

Finally comes the auto financing. You should make sure your credit history is up to par before talking to dealers. Look for any mistakes that can be reversed, or spend a few months establishing a stronger record. This will also save you money, and it can prevent you from getting locked into loan terms you don't want.

Armed with these tips, you are now ready to begin your search.