There comes a point in life when you have children that you start to outgrow your vehicle. The little sports car that you once had isn’t fit for hauling around infants and taking kids back and forth to soccer practice.
When you start having children safety always comes first. If you are at the point in your life where your family has expanded but you can’t rely on or don’t feel safe in your current vehicle it’s time to trade it in.
Vehicle Options
Choosing a vehicle is a tough choice and a big investment. When I bought my last vehicle I looked for safety and reliability.
Since vehicles depreciate so fast it’s a good idea to buy a car that is at least a couple years old. And, luckily there are many pre owned vehicles that are high quality and perfect for a growing family.
When it’s time to make the decision of which vehicle to purchase you have several options. You could go for a station wagon like the Holden Commodore, a four wheel drive like the Subaru Forester, or the Kia Carnival. Of course, these aren’t the only good options and you should heavily weigh the pros and cons of each vehicle you consider.
Consider factors such as safety ratings, gas mileage, reliability, quality, the price of insurance, and of course price.
Vehicle Finance Options
If you have cash, a good trade in, or a nice sized down payment you’ll have some bargaining power at the dealership. Be sure to research pricing so that you can get the very best deal when it’s time to upgrade your car.
If you can’t swing a full cash payment and are in desperate need of a new to you car then you should check with finance companies to see the best interest rates. Brush up on your car finance knowledge. Click here for car loan rates from IMB.
I financed my last car and checked with many places before closing the deal. By doing this I saved a ton of money in interest and worked hard to pay my loan off early. You can do this too.
Keep Your Vehicle In Good Shape
After you have taken the time to make an informed decision and choose the best finance options for you don’t forget to keep up with regular maintenance on your vehicle. Regular oil changes, tire rotations, and tune ups will keep your car running smoothly for years to come.
Nowadays at least in my area a lot of used cars don’t depreciate that fast and they are only cheaper when they have a million miles on them unfortunately (more like 100,000 miles). It’s confusing i will tell you that finding the right buy.