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Thursday, May 2, 2019

Budgeting for Your New Car



Prior to even getting behind the wheel for a test drive, it is a good idea to take a look at your finances to narrow down your leasing or buying budget. At Keyes Toyota, a proud member of Keyes Cars, we can talk with you about everything that goes into a new car budget, including additional costs. We are your local Los Angeles Toyota dealer and our team will be more than happy to ensure you have all the information you need to make an informed decision regarding your budget.

Overall Price

When you look at sticker price, you need to remember that there are other fees involved when you buy a Toyota Highlander or Toyota Camry. We can talk with you about the sales tax, title and registration fees, and the cost of extended warranties. Knowing this in advance and giving yourself some breathing room is a nice way to plan.

Know What You Can Afford

The last thing you want is to bite off more than you can chew. We can help you to see how much of a loan you are approved for and discuss how much you can lower your monthly payments with your down payment or trade-in.

Calculating Affordability

Calculating your monthly payment will give you a better idea of affordability and which cars fit with your budget. Take a look at your take-home pay, rent or mortgage, bills, and other expenses so you see what funds you have left over. It is important that you leave yourself enough money to comfortably cover the payment each month as well as miscellaneous operating expenses or emergencies.

You will find Keyes Toyota located at 5855 Van Nuys Blvd in sunny Los Angeles if you would like to come by and discuss your budget before test driving a new Toyota car. If you have questions on pricing or availability, simply contact our sales team by calling (844) 267-7219.

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