How to Budget for a New Chevy Vehicle

November 14th, 2019 by

Buying a car can seem pretty expensive, although, at Ziegler Chevrolet, it doesn’t have to be that way. We are home to a group of Chevy finance experts who can do more than provide you with paperwork, they’ll help you find a financing deal that works for both you and your wallet.

A lot goes into budgeting for a car and proper budgeting can go a really long way towards helping you get the auto loan that treats both you and your bank account right. Fortunately, with some auto budgeting pro-tips, you can build a good foundation so that you can buy a new car without a single financial worry.

One thing to do, before you visit our Schaumburg Chevy dealership, is to save up for a down payment. Down payments are the initial sum of money that you pay forward on an auto loan. The bigger your down payment is, the better, however, many experts agree that about 20% of the value of the vehicle can get the job done. With a sizeable down payment, you can guarantee a lower monthly payout.

Speaking of monthly expenses, you should also calculate your existing bills against what you can potentially afford. The last thing you want to do is sign for a vehicle that’s out of your budget. In some instances, calculating your expenses ahead of time can help you buy something more affordable like a lower-trim model or a preowned vehicle.

Budgeting can be intimidating, and our goal at Ziegler Chevrolet is to help you master it. We’ll give you all the tools and resources you need to get financially prepared to take a Chevy brand vehicle home with you, all while ensuring that you get the best auto loan possible.

Posted in Uncategorized