How to Fit a New Acura Car In Your Budget
There’s nothing quite like the feeling of driving a new 2019 Acura TLX off the lot of Acura of Huntington. Whether you’re shopping for a sleek and stylish coupe, a family-friendly SUV, or a lightning-fast sports car, we’re sure to have it here on the lot of our Acura dealership serving Bayshore, NY. However, before you commit to purchasing a new car, you have to make sure that you can fit it in your budget. Here are a few budgeting tips from the friendly experts in our Acura finance center.
Consider the Total Cost: A car’s total cost involves more than just the sticker price. On top of that, you also have to consider the sales tax, title and registration fees, and optional items like extended warranties. Of course, don’t forget about other costs that come with owning a car, such as insurance, gas, and maintenance.
Down Payment: When you finance or lease a new car, you’ll have to put forth a down payment. Typically, the more money that you can devote to your down payment, the less your monthly payments will be. Experts recommend that a down payment be at least 20% of the vehicle price.
Monthly Payments: It’s true that some buyers can purchase a car outright, but the reality is that most people will have to take out a financing plan. Your monthly payment will include both principal and interest, and the monthly payment is affected by the loan term, interest rate, and down payment.
Vehicle Trade-In: One simple way to lower the price of a new Acura car is by trading in your current vehicle to our dealership. We buy vehicles of any make and model, not just Acura.
Once you have determined your ideal budget for a new or pre-owned Acura, head over to Acura of Huntington for a test drive!