How to Prepare to Purchase a Vehicle from Our Hyundai Dealership
If you’re familiar with our Hyundai dealership, you know our team is a trusted resource you can tap for advice about automotive topics. People who have never purchased a car before and individuals who haven’t bought an automobile in a while often ask us how they should prepare for their upcoming purchase. While getting ready to buy a vehicle involves some work, doing so ensures you’ll have a pleasant car-buying experience instead of a regrettable one.
Apply for Hyundai Financing in Advance
Even before you start shopping for a car, applying for financing through our San Diego, CA, Hyundai finance center is advisable. Securing an auto loan in advance will tell you exactly how much you can spend on your next automobile, preventing you from falling in love with a car that might be out of reach right now.
Create a Budget
Getting pre-approved for financing will make creating a budget much more straightforward. Using our car payment calculator will make things easier still. Many finance experts recommend limiting your total monthly transportation expenses to no more than 10 – 20 percent of your net pay. Those expenses include more than “just” your loan payment. They also include fuel, tolls, maintenance and repair costs, and car insurance premiums.
Make Necessary Corrections to Your Credit Report
Credit reporting agencies calculate your credit score using the information included in your credit report, such as your debt-to-income ratio. If the information in your credit report is inaccurate, it can negatively influence your credit score, making it more expensive to borrow money. Make sure you correct any errors in your credit report weeks before you plan to buy one of our new Hyundai models so your corrections have time to drive your credit score up.
Prep Your Trade
Many motorists trade in their current automobile and use the proceeds as a down payment when they buy a vehicle. If you plan to do the same, prep your existing car by removing your personal belongings, returning the vehicle’s original equipment, and washing your automobile.
Shop with Kearny Mesa Hyundai
Are you ready to buy your next car? If so, we encourage you to shop with Kearny Mesa Hyundai online or in person. We look forward to seeing you behind the wheel or a new Hyundai vehicle in the days ahead. For more information about preparing for your upcoming transaction, give us a call or swing by our Hyundai dealership.
