What you should know when buying a vehicle

Buying a car is generally the second most expensive purchase, after a home, that you will make. We want to help you be successful when you purchase a vehicle from us, which is why we created these tips for you.

car buying tips from Larry H. Miller Chrysler Jeep Dodge RAM Bountiful

Create a Clear Budget

  • Know what you can afford before you start car shopping
  • A general rule of thumb is to allocate no more than 20 percent of your household income to all the cars being driven by family members in the household. This budget includes not only the car payment but all expenses, including insurance, maintenance, and repairs. You can find a home budget calculator is a handy tool to help you determine your monthly bills and savings.

Develop a shopping list of cars you like to know more about

  • Research the features and other details about the cars to make sure they offer what you want and need in a car and for your family.

New or Used Car

  • Do you want a new or used car? New Car - Financing, Higher Payments, Available warranty. Used - Higher interest rates, shorter loan periods, higher miles, may be Certified Pre-Owned, Car Fax Available


Research the vehicle's price

  • Remember that dealerships need to make profit to cover the cost of running a dealership. (i.e. employee pay, taxes, expenses).

Trading in your current vehicle

  • Dealerships use a variety of software that help them determine the car value. Trading in a car includes an appraisal or inspection and sometimes a short test drive from the appraiser. The car value depends on a variety of factors that include: market demand, color of vehicle, geography, mileage, and age.
  • The first step is to determine the value of your vehicle.

Take your time on the test-drive

  • Make sure you are completely comfortable in the car. Adjust the mirrors and seat to make sure you have good visibility. Drive on all types of streets, such as highways, neighborhoods, and parking.
  • Understand all the features of the vehicle, test the buttons and knobs, radio and Bluetooth. Make sure you can identify what most of the dashboard does or can do, ask your salesman for help!

Ask Us About Buying a Car!

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