According to the Kelley Blue Book, the average price for a midsize car is approximately $25,000, significantly more than many first-time car buyers are willing to spend. This new guide launched by Mike’s Car Store explains everything first-time car purchasers should know, including how much to budget for a first vehicle.
More information about Mike’s Car Store and first-time vehicle purchases can be found at https://chevydudestore.com/products/8-tips-to-get-the-best-car-deal
The guide explains that while a new or used vehicle is likely the second largest and most important purchase many people will ever make, it is not uncommon for new buyers to make easily avoidable mistakes. It covers the most common errors, how to avoid them, and several long-term strategies for making a first car purchase more affordable.
Drawing on personal experience as a car dealer, vehicle owner, and father of several children who already have or soon will purchase their first vehicle, Mike explains in the new guide what he has done personally to make the purchases easier for his own family. The process begins at an early age, with techniques that can improve credit scores for children years before they make their first big purchase.
In the guide, there are strategies for defining the requirements for a new vehicle, as well as a brief list of additions that are often expensive, and best avoided while shopping on a budget. While each first-time car buyer will have different needs, Mike explains how to prioritize their needs and wants, to match the available options.
How much a person should budget for their first car will depend on several factors, the guide explains, such as whether they are buying with cash, or financing the vehicle. It also includes a chart that covers how much a first-time buyer should budget based on their take-home pay.
The report also contains links to more information about purchasing a vehicle based on cost, and how to understand the details of the sale.
Chevy Dude Mike Davenport A spokesperson for Mike’s Car Store said, “Never get taken advantage of by a dealership again. We’re working hard to make sure folks don’t get screwed over by untrustworthy dealers. Learn more about how to navigate the car business and get the most out of your vehicle purchase with our helpful blog posts and YouTube videos.”
Related content: More information about budgeting, and choosing a first vehicle, can be found in the full guide at https://chevydudestore.com/products/8-tips-to-get-the-best-car-deal
Mike’s Car Store
8379 ST Road 64
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