Planning Your Next Vehicle Financing and Purchase?
Doing the Math and Engaging in Accurate Communication on Both Sides are essential to a good relationship with your next vehicle.
Start Doing the Math by gathering information about your current vehicle and finances. Use a Payment Calculator or Spreadsheet to build a scenario that works with your monthly budget and long term financial plans. Use your scenario to set Price, Loan Amount, Interest Rate, and Payment ranges before contacting lenders. Set filter criteria like Mileage, Color, Year, etc. once you’ve seen several listings you like. Define risks before contacting sellers to view a vehicle: decide when to walk and when to talk. Engage in accurate communication on both sides to lower risks. Read the full article including When to Walk and When to Talk recommendations with your subscription to SoundCPA Insights for Individuals. Drive forward with confidence.