How Couples Can Save Money on Family Cars
Tuesday, October 27, 2020, 6:00 PM | Leave Comment
As your family grows, your family car needs to grow along with it.
However, as a vehicle grows, its price tends to grow, as well. If you’re on a tight budget, it’s important to be able to get the car you need at a price that you can afford.
Fortunately, if you know the right steps to take, you will find that you’re able to get a car with plenty of space at a price that fits easily within your budget.
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Trade Current Vehicle
If you already have a car, then a great way to save money on a new family car is to trade-in your current car. Trading-in a vehicle is a simple and straightforward process and may even have some tax benefits. Plus, you won’t have to worry about trying to sell your current vehicle after you purchase your new vehicle. Depending on the condition of your current vehicle and how much equity you have in it, you may be able to get enough from your trade to lower your payments on your new vehicle.
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Buy Used
To pay less for a vehicle that you need, the one tried and true method is to buy a used vehicle. The key to buying a used vehicle, though, is making sure that you purchase from a reputable dealership that only sells quality used cars. For example, when searching for a used Mazda CX30 for sale, you’ll want to make sure that the dealership you choose services their vehicles before offering them for sale so that you don’t encounter any expensive surprises along the way.
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Buy Last Year’s Model
With every new year comes new vehicles that a dealership has to sell. Even if there are still some of the previous year’s vehicles remaining, the new models continue coming. To help create space on the lot, many dealers are often willing to sell last year’s models at a significant discount. If you have enough patience and are willing to take a risk, you may be rewarded with a great deal on a brand-new vehicle that happens to be from a different year.
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Look for Specials
In many cases, a dealership will offer specials throughout the year on certain models that they want to highlight. Typically, these specials are housed on their own “featured deals” page somewhere on the dealer’s website. By keeping tabs on this page, you can potentially find an unexpected deal on the vehicle of your dreams. Just be sure to act fast, as these deals are almost always first-come, first-served.
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Save Big
If you have some time before you need to purchase your family car, it’s a good idea to try and save as much money as possible. By coming in with a larger down payment, you will be able to lower your monthly payments, giving you less of a burden to deal with from month to month. Even if you can’t wait, though, there are still plenty of ways to get a great deal on the vehicle that you need.
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Brooke Chaplan is a freelance writer and blogger. She lives and works out of her home in Los Lunas, New Mexico. She loves the outdoors and spends most of her time hiking, biking, and gardening. For more information, contact Brooke via Facebook at facebook.com/brooke.chaplan or Twitter @BrookeChaplan
