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Whether you choose to buy used or buy new, your next vehicle is going to be a big investment. Choosing a new vehicle is difficult no matter how you choose to go about it, but for many, it becomes a whole lot easier once they have a firm answer to the question, “How expensive of a car can I afford?” Find out how to determine your budget with this short and simple guide from Suntrup Automotive Group.
All of these different components add up to a given vehicle’s “cost-to-own”. According to one guide on the subject, from the experts at AAA, the average annual cost of owning a new vehicle was roughly $8,469 in 2017, assuming that you travel around 15,000 miles per year.
If you’ve started to answer the question, “What car can I afford?” you might be disappointed in the initial results. If that’s the case, don’t despair! There are a few things you can do to reduce your overhead costs and bring home a nicer vehicle. Here are some of our top suggestions:
For more affordable options, explore the best used cars by price when you visit Suntrup Automotive Group.
Maybe you’re ready to take the next steps, or maybe you just want to talk to an expert. Either way, the team at Suntrup Automotive Group is here to help. Now that you’ve got a rough answer to the question, “What can I afford?” it’s time to start exploring your options!
Take a closer look at our new vehicle inventory today and learn about new features like paddle shifters, or spend a moment exploring our used models. We have tons of affordable pre-owned cars from makes like BMW, Nissan, and Toyota. You can also strike a balance by choosing a certified pre-owned vehicle, or maximize your savings by finding a vehicle priced under $10K. Don’t forget to check out our pre-owned vehicle specials, too! We also have information on guaranteed car financing.
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