: 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?
: Use resources like Kelly Blue Book (KBB) or Edmunds to find the actual market value of the car. things to know when buying a new car
: Review your credit score and report before applying anywhere. : Get an independent appraisal for your current
: Negotiate based on the out-the-door (OTD) price , which includes all fees, taxes, and registration, rather than just the monthly payment. : Review your credit score and report before
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
: Steer clear of 84-month (7-year) loans; aim for 60 months (5 years) or less to ensure you don't outlive your warranty while still paying. 3. Research Models and Market Value Don't rely on the window sticker (MSRP) alone.
: 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