5 Tips for Memorial Day Car Shopping

For those of you that will be shopping for a new or pre-owned car this Memorial Day, we’ve put together five tips to help you make the best of the sales no matter what your financial background is.

1. Know what you can afford

One of the most important car buying tips is to know exactly how much you can afford to spend each month on a vehicle. Knowing this will help you focus on only the vehicles you know you can afford instead of getting stuck on a vehicle that’s simply out of your price range. This is a great thing to keep in mind no matter what time of year it is.

2. Know what you want

There will be a lot of pushes from dealers to get you into a vehicle that they’re trying to sell. However, even though it may sound like a fantastic vehicle, it may not be the one that will suit your needs. After all, a family of six probably will need a larger vehicle than a car like the SMART Fortwo.

3. Be realistic

Yes, there will be sales aplenty. However, if your credit is not in the best standing you may be looking at higher interest rates and monthly payments. Unfortunately this is unavoidable in most cases, but we can help you find the lender that can offer you some of the best rates you’ll find.

4. Have a down payment or trade-in

Dealerships will be marking down cars left and right. But you can make your monthly payments even lower by providing a down payment or trade-in. Remember, this money isn’t going into the dealer’s pocket, it’s being applied to your auto loan and thus bringing down your overall cost. Even putting down just $500 down on a car can make the difference.

5. Don’t waste time on shady dealers and sales

The old saying goes: If it sounds too good to be true- it probably is. This is very applicable to auto sales, too. If a dealer is making an offer that just sounds far too amazing to you, then there is probably a loophole somewhere in the fine print or there is something wrong with the car. Make sure you read your contract thoroughly and ask to see the Carfax. We supply a Carfax report with every pre-owned vehicle we sell and ensure that our guests review it by having a copy signed by them. No surprises here, just really good cars at a really good value!!

Or, you can apply now with our quick and easy auto finance application in our website; www.mbofhenderson.com.

Have a safe and wonderful Memorial Day holiday weekend! Happy shopping!