How to Buy a New Car

Buying your first new BMW should be an exciting experience, but we know that for many North Canton and Massillon drivers, it can be an anxiety-inducing experience. At BMW of North Canton we aim to give you a stress-free and enjoyable experience, but if you’ve had previous bad dealership experience, that can also make you dread a trip to the showroom. We want to make purchasing a new BMW a great experience that you’ll remember positively. Let’s get started with some tips on what to expect when you buy a new car along with some helpful finance tips.

When to Buy a New Car

If you’re an anxious car-shopper we understand that you might be reluctant when it’s time to buy a new car. It’s a big financial decision and we know you want to enter into buying a new BMW with all the information you need. The first thing you need to know is when to buy a new car. Here are some key questions that can lead you to buying at the right time:

• You’ve been paying for expensive repairs, that impact your wallet and your time. If you’re paying more for repairs in a year than you would for a new car, it’s definitely time for an upgrade.
• You’ve felt unsafe driving your car. The last thing you want is to get in an accident, so if you’ve ever questioned your car’s safety, it’s time to say farewell.
• Has your family grown with a new partner and children that make your BMW coupe too small? Or maybe you’re an empty nester who’s ready to enjoy the excitement of a BMW convertible.
• Is your car failing emissions tests and inspections? Getting it up to a passing grade can be costly, and opting for a newer model may save you money in the long run.

How to Find Your Ideal New Car

You’re confident that the time’s right to buy a new BMW for your commutes from Green. Here’s how to find the right BMW for you without getting lost in the variety of options:

1. Narrow your search down to your must-haves based on your driving habits, space requirements, and feature wish list, then start searching for models that meet your needs.
2. Pick your top three models, then research your top choices through sites like Cars.com and Kelley Blue Book®. Arrange test drives for each model.
3. Shop around for the best price and deal on the car you’ve decided to purchase. Find out what nearby dealerships have sold similar cars for.
4. Take into consideration any big upcoming sale weekends or holidays that might come with really good deals, like Black Friday or Presidents Day.

Once you’ve completed the above process, it’s time to head to BMW of North Canton to make it official!

Finance Tips for Buying a New BMW

Of course, every car shopper could likely use some finance tips. A good place to start is to know how much you can afford. According to U.S. News, your car payment should not put your monthly debts–including credit cards, student loans, rent, etc.–over a third of your monthly income. You’ll also need to include new car sales tax, registration fees, and insurance premiums in your calculations.

Let’s go into a bit more detail about two areas that tend to confuse new BMW buyers:

• Interest Rate: Your loan’s interest rate will also impact your monthly payments. If your rate is lower, then your monthly payment will be lower. It’s important to note that you only receive a lower interest rate if you qualify, and not all drivers qualify based on their credit score.

• Trade-in Value: If you own a car, you can trade it in for the new one you want. While most dealers will purchase the car from you and apply that amount to your new car, if you still owe money on your current vehicle, the dealership will tack that remaining cost onto the new vehicle price. Our online value your-trade tool can give you an instant appraisal of your current vehicle.

Make Shopping for a New BMW a Cinch at BMW of North Canton

When it’s time to buy a new car and you’re looking for customized finance tips, contact the finance department at %%di_name. We can’t wait to help you have a great car-buying experience!