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.
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:
Estimated Monthly Payment
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.
Dealer New Car Pricing
The last piece to the puzzle is dealer new car pricing. Are you going to visit a low volume new car dealer that receives little or no kickback from the OEM, or a high volume dealer that receives kick backs and has much lower dealer new car pricing? Before you visit a new car dealership we recommend that you utilize our best new car price quote service to find the best new car deal. It takes only a minute to complete our price quote request form, after that we'll do the leg work to find the best new car dealer price in your area.
Used Car Search Engine
Another alternative for frugal car buyers is our used car search engine. If you find that every new car for sale that meets your spatial, budget, driving habits, and mpg requirements is out of reach, use our website to search for a used car that meets those requirements.