Guide to Finding the Right Vehicle
Looking at all of the latest technology features and the most stylish models on the market is fun. Opening your wallet to pay for one? Not so much. If you're starting your search for your next vehicle, that takes planning, and we at Berglund Volvo of Roanoke want you to make a decision you can be happy with. We've put together a car shopping guide to help you dodge buyer's remorse and drive home in a vehicle you and your family will love and your bank account won't hate. From creating a budget to weighing the pros and cons of purchasing new and deciding which car features to compromise on. This guide will help you every step of the way.
Setting a Budget
The cornerstone of any successful vehicle purchase is a solid budget. Remember, your car payment should fit comfortably within your monthly expenses. To set a budget, start by determining how much you're bringing in each month after taxes. Analyze your expenses and deduct fixed expenses like rent/mortgage, bills, groceries, and other necessary costs. Allocate for Savings always ensures you're setting aside a portion for emergencies and future savings. With the remaining amount, decide how much you're willing to dedicate to a car payment. Also, consider insurance, maintenance, and fuel costs. A more expensive vehicle might mean pricier insurance premiums. Financing experts recommend spending no more than fifteen to twenty percent of your monthly income on all of your transportation expenses.
Deciding Between New or Used
- New Cars:
- Pros: Latest technology, full warranty, known history, and often better financing rates.
- Cons: Higher initial cost, quicker depreciation, and potentially higher insurance rates.
- Used Cars:
- Pros: Lower initial cost, slower depreciation, the possibility of getting a higher-end model for less, and history reports available.
- Cons: Might lack the latest tech features, shorter or expired warranty, and unknown maintenance history.
Your decision here largely depends on your budget and preference. If you love having the latest features and don't mind the instant depreciation, a new car might be for you. If you're looking for value and can live without the newest bells and whistles, a used car can offer substantial savings.
Pinpointing Your Preferred Car Type
- Trucks: Ideal for those who need to haul or tow heavy items. Trucks are versatile but can be larger and less fuel-efficient.
- Stylish Sedans: Perfect for city dwellers or those who prefer a compact, fuel-efficient option. Cars are usually easier to maneuver and park. Volvo's lineup of new vehicles features a selection of sedans with great fuel economy, stylish exterior designs, and cozy interiors great for commuters.
- SUVs: A mix of both. Great for families due to their spaciousness. They're versatile but can be bulkier and might consume more fuel than cars. The Volvo XC90 deftly balances space, style, safety, and fuel efficiency for a well-rounded SUV option. Explore all of Volvo's SUVs here.
Choose the type based on your daily needs. Do you often carry heavy loads? A truck might be right. Need something family-friendly with space? An SUV is a suitable pick. If fuel efficiency and easy city driving are crucial, a car is likely your best bet.
Prioritizing Your Must-Have Features
Determine what's essential for you. Is safety a priority? Look for vehicles with high safety ratings and features like adaptive cruise control or blind-spot monitoring. Need to be connected? Ensure the car has a comprehensive infotainment system.
Create a list of non-negotiables. Once you have that, it becomes simpler to filter out options that don't fit your criteria.
Find Your Match at Berglund Volvo of Roanoke
With a clear idea of what you want, it's time to visit us at Berglund Volvo of Roanoke. Our team will help you find vehicles that match your specifications. Take a test drive, ask questions, and remember to check any promotions or offers that might be running. Our priority is to ensure that you drive away with a vehicle tailored to your lifestyle without straining your finances.