Before you Buy Your Next Car: Get the negotiating tools you need from your friends at First Basin.

Next to buying a home, purchasing a car is typically one of the biggest expenditures a person can make. So before you get sucked in by that new car smell, let’s figure out how to be prepared to get the best deal.

Of course, doing a little leg work before you get to the dealership goes a long way. After all, with a few clicks of the mouse, you can see what features you like and which cars are in stock without having to talk to a single hard-charging car salesman.  

But, what happens once you walk into the dealership? Rear view cameras and extended warranties are one thing, but the interest rate on your loan is quite another. Oftentimes, you don’t even know what rate the dealer will offer until AFTER you’ve already made the decision to buy. And, by then, you may have fallen in love with a sunroof and wood trim package you really can’t afford.  The sales guy isn’t going to tell you you’re in too deep; honestly he might not even know. While manufacturer financing can be downright amazing on a new car, the extent of variables on a used vehicle make them a moving target.  How new? How nice?  How many miles? Still under warranty? There are so many things to consider based on just the vehicle.  Then add to the equation your budget and credit scores, and knowing what you can TRULY afford. It can all become mind-boggling.

Well, First Basin is here for you. We want to be your financial partner and help you make a good decision when buying your next vehicle.  Not only do we offer some great rates for new and used cars, we will also sit down and help you figure out what you can truly afford. Do you have a down payment?  How much do you owe on your current car? Are you looking at new or used? Our trusty team will walk you through these questions and help make sure you’re making a decision that’s right for the long term.  

And then, when it comes to “writing down a number” during your negotiations at the dealership, you’ll be ready to get the best deal. It’s sure to feel better than a set of free floor mats.