Thursday, June 21, 2018

5 Helpful Car Shopping Tips

The time has come and you either WANT or NEED a new car. Whether your current car just broke down or you've never owned a new car before and you have decided now is the time - it's important that you go in having done your research first. You should also have your financing figured out before you start looking. Know what your budget is and stick to it. If you need an installment loan for your new car, call First Bank of the Lake at 573-348-2265. To further help you with your hunt for a new car, our bank in Osage Beach is here to give you a few helpful car shopping tips.


5 Helpful Car Shopping Tips


Tip #1: Determine Your Must-Haves For a Car
You probably have a good idea of what you want in a vehicle, perhaps you want all or one of the following:
  •  Good Gas Mileage
  • Power Windows
  • Power Locks
  • CD Player
  • OnStar
  • XM Radio
  • Spacious Trunk
Make a list of all of your must-haves and take it with you when you car shop. Don't let yourself get overwhelmed by all the choices and forget your must-haves. Having the list on you can help you to remember. 

Tip #2: Compare Pricing
Get the best price possible and try to shop around before you commit to a car purchase. Many dealerships have websites that you view pricing on, so save yourself the drive and shop around on a few of those first. Get a feel for what's out there.

Tip #3: Always Test Drive the Car Before You Buy It
A car may look really good on paper, but all of that information won't mean much if the car doesn't drive well. Buying a car can be a big purchase and test driving it beforehand can help put your mind at ease and help you to know your money is being well spent.




Tip #4: Ask About Discounts
It doesn't hurt to ask the car salesman about discounts they may have available. Perhaps they give discounts for being a/in:
  • AAA member
  • Student
  • The Military
  • Police Officer
  • Firefighter
Save money where you can and don't be afraid to ask.

Tip #5: Get the CARFAX®.
If you are buying a used car, learn everything you can about its history, such as service records, how many previous owners it's had, etc. CARFAX® can be a good resource for this and can be accessed by visiting www.CarFax.com.

Need a Car Loan at the Lake of the Ozarks?

Our installment loan specialists are ready to assist with your vehicle purchase. Allow the professionals at First Bank of the Lake to help with your lending needs. We offer competitive rates and terms to fit your budget. Contact us at 573-348-2265 to discuss your needs. You may qualify for immediate approval and processing. Visit our website at www.FirstBankLake.com for more information.


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First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065


(573) 348-2265

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