Are You Thinking Of Buying A New Car?

by | May 4, 2017 | Automotive

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There are numerous ways to buy a used car, there are certainly plenty of dealers and if you so choose you can make a deal directly with the current owner. This is not the same when you want to buy a new Volvo; your options are limited to visiting a Volvo dealer near Schaumburg. Buying a new car from a responsible dealer can be a wonderful experience, the dealer personnel know their products and price ranges. If there ever is any difficulty it can often be traced to the buyer not being prepared to make the purchase.

Before you head off to a Volvo dealer near Schaumburg there are a couple of things that you must be aware of:

You must know what your budget is:

The only person that truly knows how much you can spend on a new car is you; you are fully aware of all your current obligations and you know exactly how much money you make. Many new car buyers overstate what they think they can spend because their focus is on monthly payments when it should be on the bottom line cost.

The best solution is to walk in the Volvo dealer near Schaumburg with cash but not many do; the majority of new car buyers finance the purchase. It has been proven time and time again that limiting your monthly payments to 15 percent of your take home pay is best and try to limit the term to no more than four years and on top of that, put at least 20 percent down.

If you can’t meet these targets don’t despair, a Volvo dealer near Schaumburg can show you a lower priced model or a low mileage, late model used car.

Always be flexible:

You may know exactly what you want but you must stay flexible. If you can’t get all the optional extras that you have on your “wish list” then be prepared to drop some. You will still drive out in the same great Volvo and you will soon forget about the bells and whistles that were left behind.

Always ask the dealer if there are any incentives to buy that you are not aware of, there may be discounts available on certain models; you will never know until you ask.

If you are looking for a Volvo dealer near Schaumburg you are invited to visit the new car showroom and used car lot of McGrath Volvo Cars Barrington.