: Use resources like Kelly Blue Book (KBB) or Edmunds to find the actual market value of the car.
: Compare rates from outside sources like Scott Credit Union or other local banks and credit unions before visiting the dealer.
Buying a new car is a major financial commitment, especially in the 2026 market where average new car prices have exceeded $50,000. To ensure you make a smart investment, follow this chronological guide to the buying process. 1. Establish Your Real Budget things to know when buying a new car
: Get an independent appraisal for your current car before going to the dealership to ensure you're getting a fair price. What are some tips for when buying a car from a dealership?
: In 2026, many buyers are seeing a return to physical buttons over all-touchscreen interfaces. : Use resources like Kelly Blue Book (KBB)
: A new vehicle typically costs about $1,000 per month to own and operate when accounting for fuel, insurance, and maintenance. 2. Secure Financing First
: Aim to put 20% down , finance for no more than 4 years , and keep total monthly vehicle costs (payment plus insurance) under 10% of your gross monthly income. To ensure you make a smart investment, follow
Getting pre-approved for a loan is a "power move" that puts you in control.