How to Budget Your Next Used Car!

No matter where you go in the Maryville area, it is great to get there in a car you want. At Volunteer Auto Group, we love matching people with new, used cars that fit their lifestyle. If you need a newer vehicle, stop by a dealership to check out our extensive used car inventor. If you are looking for a specific used vehicle, talk to our staff about how we can help you find it and get your into the vehicle you want.

Look at Your Credit Score

Check out your credit score before purchasing a new or used vehicle because there may be a few things you can do to have a higher score. This could save you a lot of money because your interest rate is usually based on your current credit score. If you fix your credit even a little bit, this could mean that you have a much lower interest rate for your Lenoir City area vehicle. We work with most budgets and credits scores!

Set a Budget First

If you don't know if you can fit a new or used vehicle into your current budget, try budgeting for the vehicle before you have it. Get a pre-approval so that you have a good idea of how much the monthly payment will be, and also, you can get an insurance quote to estimate the monthly insurance rate for the Oak Ridge area. Once you have an idea of the monthly payment, make the payment into your savings account.

Save for a Down Payment

If you don't have a trade-in to put toward your next used Chevy, Ford, Jeep, Nissan, or Toyota vehicle in Knoxville, consider saving for your down payment over a short time. Look at your current budget and cut some entertainment expenses or extras you don't need for a few months. You may also want to pick up a part-time job or some overtime so that you can quickly save away the money you need.