5 Car Buying Considerations of a Savvy Consumer

Money wise consumers know that when it comes to buying a vehicle, used cars generally afford the greatest value. However, five considerations drive the cost of owning an automobile.

GMT AUTO SALES ST. LOUIS REVEALS HOW TO CALCULATE A USED CARS’ VALUE

GMT Auto Sales St Louis provides car shoppers with five vital calculations to determine prior to buying a vehicle.How to gauge car buying costs?

The monthly car note is not the only calculation to measure when buying a car.
Cost estimates by AAA indicate that from fuel economy, auto insurance, and annual maintenance all influence the vehicle ownership budget. Prior to selecting an automobile, check the average auto insurance premiums to determine affordability of insurance coverage.

Review the average fuel economy published by FuelEconomy to gauge your budget. The information is available on the U.S. federally funded website, identifying the estimated annual fuel cost of car produced since 2010.)

Which car to buy?

A savvy auto consumer bases their car buying decision on three factors:affordability, safety and style. A good performing car is both safe and reliable Refer to the reports, feedback and crash tests, featured at SaferCar.gov.

Always invest in a new or used car, suitable for your lifestyle and economic scenario. In other words, never buy a car that will take up more than a fourth of your monthly pay. Consider the vehicle'” suggests a consultant of GMT Auto Sales St. Louis.

How to offset certain costs?

“Some of our customers add an extended warranty to the car loan; However, most financial planners do not recommend this because, car buyers end up paying more in interest costs than the actual value of the vehicle.

For instance, extended warranties should never be rolled into the price of your auto loan, as you end up paying extraneous interest costs that do not affect the on the Pay any extra expenses out of pocket,” recommends a financial coordinator at GMT Auto Sales St. Louis.

Fuel Economy.gov publishes the fuel efficiency of all vehicles, produced since 2012.

On auto buying websites, (i.e. GMT Auto Sales St. Louis) used car dealerships often publish the monthly car note.

When to buy a used car?

As for scoring a valuable car deal, timing can be everything. Many auto experts advise car buyers to purchase a vehicle at the end of the year or at the beginning of the new year when new and used car dealerships are clearing out older inventory.

Where to buy a used car?

Shop at used car dealerships, where the inventory includes hundreds of preowned vehicles. The auto dealer should also be affiliated with numerous financial institutions. A good selection of preowned vehicle coupled with a variety of auto loan options help ensure a satisfying car buying experience.

“Road test our dealership for quality preowned automobiles: GMT Auto Sales St. Louis, the premier source to buy a used car in Missouri.