you're reading...


5 Car Buying Tips for the College Graduate

graduateNow that you have graduated from college, you might be thinking about treating yourself by purchasing a nice car. Although you might be tempted to go out and really go wild with something flashy and expensive, however, you should put a bit more thought into the car that you are purchasing to ensure that you can enjoy it for many years to come.

Pick Something You Can Afford

As a college graduate, you might be ready to go and drive a “grown up” vehicle that you have always wanted. However, you should take an honest look at things like how much you make, how much you have to pay in student loans and any other financial responsibilities that you might have. Then, sit down and use a calculator to determine how much of a monthly payment you can afford.

Don’t Get Into a Bad Loan

If you are just working on establishing your credit or if your credit score isn’t the best, you might be tempted to pick up the first loan that you get approved for simply so you can have this new car. However, you shouldn’t let yourself get into a bad loan that you will have a difficult time paying off or that you might regret later on down the road. Instead, look for something with reasonable terms; if you can’t find it, walk away and figure something else out.

Make Sure You Can Afford to Drive It

Along with paying attention to how much the vehicle costs, you will want to look at other associated costs, such as the gas mileage that your vehicle will get. Texas car insurance specialists advise that you make a decision that you will be able to afford well into the future, even during times when money is tight.

Look for Something Professional-Looking

As a young professional who has just graduated from college, you want to make sure that you look the part. Therefore, you should look for a car that has a professional appearance and that you will be proud to drive to and from work and to job interviews and meetings. This doesn’t mean that your vehicle has to be costly, but it should look nice.

Ensure You Will Enjoy Your Car in the Future

Don’t just go for an impulse buy just because you can. Instead, look for a car that you know you will enjoy for several years to come for best results.


No comments yet.

Post a Comment