Finding Deals on New Cars for Sale
To find the best deals on new cars for sale plan on spending an hour or so on our website. It may seem like that's a long time, but if you invest 1 hour of time it could save your hundreds or thousands of dollars on your next new car purchase. If you compare that to you hourly wage, you should agree it's time well spent.
Before you start to compare new car models write down your spatial requirements, the sum of the new car finance payment, auto insurance, and fuel charges which you can afford each month, and how many miles you expect to drive monthly.
An auto insurance comparison is too complex to cover in this writing. Auto insurance prices depend on your driving record, age, and safety rating of the new car you are purchasing. We recommend that you get a least one quote from an insurance agent on one of the new cars for sale that you are considering. As a general rule of thumb $100 per month should be budgeted for auto insurance.
The mathematics work in reverse based on your down payment and new car rebate amount; if you have prime credit your monthly new car finance payment will be reduced by $17 for every $1,000 additional cash down you apply to the new car purchase. Similarly, if you have no credit rating and buy a car with a $1,000 cash rebate your monthly payment will be reduced by approximately $25. So it really pays to find the biggest new car rebates before you settle on a new car model.
Compare New Car Models with the Biggest Rebates
People that save the most money buying a new car are flexible with their new car choices. If you're looking for the best new car deal on a specific new car model, with a specific trim package, and a specific color, you're likely to pay a premium instead of receiving a discount. Smart new car buyers compare new cars that meet their spatial, budget, driving habits, and mpg requirements.Before you start to compare new car models write down your spatial requirements, the sum of the new car finance payment, auto insurance, and fuel charges which you can afford each month, and how many miles you expect to drive monthly.
Calculating Fuel Charges & Auto Insurance
The formula is simple but often over looked when buying a new car. Simply divide the number of miles you expect to drive each month by the new cars mpg rating and multiply the result by the average fuel price. For example, if you drive 1,000 mile each month, researching 30 mpg cars, and the average fuel cost in your area is $4.00 per gallon, your monthly estimated fuel expense would be $133.An auto insurance comparison is too complex to cover in this writing. Auto insurance prices depend on your driving record, age, and safety rating of the new car you are purchasing. We recommend that you get a least one quote from an insurance agent on one of the new cars for sale that you are considering. As a general rule of thumb $100 per month should be budgeted for auto insurance.
New Car Finance & Rebates
Rebates and new car finance rates can have a dramatic effect on your monthly payment. New car finance rates, of course, are based on your credit score rating. New car buyers should expect to pay the following monthly amounts per thousand dollars borrowed on a 72 month loan:| Credit Rating | Estimated Monthly Payment |
|---|---|
| Prime Credit | $17 |
| Normal Credit | $19 |
| Subprime Credit | $20 |
| Poor Credit | $22 |
| Bad Credit | $24 |
| No Credit | $25 |
The mathematics work in reverse based on your down payment and new car rebate amount; if you have prime credit your monthly new car finance payment will be reduced by $17 for every $1,000 additional cash down you apply to the new car purchase. Similarly, if you have no credit rating and buy a car with a $1,000 cash rebate your monthly payment will be reduced by approximately $25. So it really pays to find the biggest new car rebates before you settle on a new car model.