A Guide to Buying Your First Car

Your Guide to Buying Your First CarBuying a car comes with many decisions, so it’s important to be informed. Here at American Heritage, we’re dedicated to helping you make the best choice possible and helping you attain your dream car!

Paying cash for a car is ideal, but not an option for most buyers. General financing choices are to purchase new or used, or lease. Your best decision is all dependent on your circumstances. By entering your unique details here we can help guide your choice to either lease or buy.

It’s a good idea to begin saving as much as you can for a down payment, so that your monthly payment is as low as possible. If you do not currently have a monthly car payment, it’s advisable to decide what you would be comfortable with and save at least this amount each month. This way, you will be able to quickly save while simultaneously adjusting to a monthly payment. It’s important to keep in mind that once you purchase a car there are added expenses to maintain it—on average around $100 per month ($1,200/year) dependent on the automobile’s age, make, and fortune.

We have a few tools that may be helpful for you in planning for this big purchase. Before making any kind of commitment, be sure that you can comfortably afford your car of choice. By using our calculator you can feel confident in your estimation. As you may expect, a low credit score will be met with a higher interest rate, but we are committed to giving you the lowest and most competitive interest rate to purchase your new or used vehicle. We also partner with local dealerships to make your experience as easy as possible. To search these dealers click here.

Come talk with us today about how we can help you get the perfect car!