Driving home a new vehicle is exciting! But there is a lot to consider and a lot to be done before you can hit the road with that new/used vehicle.  The biggest thing to consider is how much you will spend and how to budget for your new vehicle. Here are some tips to help you save:

Figure Out How Much You Can Afford
Before visiting the dealership, figure out how much you can afford. Knowing your budget will save you time and make the process a bit less stressful. We offer a handy calculator here.

Do Your Research
Once you know how much you want to spend, research different makes and models. Some things to look at are customer ratings, fuel efficiency and safety features. Consider a smaller model too as it’s often better on gas and cheaper.

Apply for Your Loan Ahead of Time
Once you know what you want and how much you can afford, apply for your loan. This will ensure you get the best rate possible and you aren’t worrying about it on the spot. Sikorsky Credit Union is offering auto loans with great rates!

Trade In Your Car
Trading in your car is a good way to cut a little off the price of your new vehicle. Get the most you can by making sure your trade in is in tip top shape if you can. It’s always a good idea to wash the outside and clean the interior beforehand, a little curb appeal can never hurt. It’s also important to know how much your car is worth and to shop around. Don’t be afraid to negotiate either!

Shop Around Your Insurance
Get quotes on insurance from at least three different insurance providers. You aren’t tied to the company that did the insurance on your previous vehicle, see where you can get the best deal.

Take Care of Your New Car
Once you are on the road in your new vehicle, take care of it! Scheduling routine maintenance, like oil and filter changes, will help keep your car in top shape and save you money in the long run.