If you’re ready to buy a car, perhaps you should ask yourself these questions to make sure that you’re on the right track balancing your cash and financing.
How much do you Have? - How much you have in the bank determines how much you can put down for the car now and how much you’ll need to apply for with the bank.
How much can you Afford? - Your on-going commitment is going to be a part of your life so you need to work out how much spare cash you can put aside every month without having to eat potatoes every day for the rest of the contract.
Do you have any Upcoming Commitments? - Life events like a wedding or a baby might require you to put aside your cash and reconsider just how much you can set aside. When things are uncertain, it’s best to put off any major cash purchases.
Do you Really Need a New Car? - Sometimes people buy cars on a whim. While that might be nice, not all of us can afford to do so “just for fun”.If you want to know more about how to apply for the best car finance deals, then call The Smarter Finance Company!
Questions to Ask when you’re Ready to Buy a Car