Buying a new car is an exciting venture. If you’re looking to finance a new car, the experience can quickly become overwhelming. If you want to know how much money you should put down on a car, you’ll need to avoid some common mistakes and understand the factors that will ultimately determine how much you pay. Common Mistakes Many car buyers purchase the wrong car for their needs. This can be a result of personal tastes, the desire for status, or simply not considering their lifestyle needs. Choosing a used car, that has already depreciated in value and will therefore cost less, can save you money. One of the biggest mistakes car buyers make is overlooking the full cost of their vehicle. Before you decide how much money to put down, you need to know exactly how much the car will cost you in the long-term. Avoid focusing too much…

Low rates, quick decision, friendly service… you may have already noticed that we have a lot to offer our members. It’s part of what makes our auto loans popular. But there are many more benefits we offer with our auto loans that most people are unaware of… Go Shopping With Aspire Aspire’s Member Showroom lets you do your shopping at home. You can search for vehicles, connect with dealers and even print a certificate with the guaranteed price. The cars you find here will save you $3,078* on average off MSRP. If you plan on purchasing a used vehicle, don’t…

Saving up for any large purchase can be difficult, frustrating and time-consuming. However, it is a necessary part of life, so it is a good idea to learn some tricks to make it easier. Here are 5 tips that will help make the car-buying challenge easier for you:   1. Determine your budget The first thing to do when making any large purchase is to take a good look at your finances and determine your budget: Decide how much consistent extra income you have in a month. Consider how much of your current savings you can put towards the purchase and how soon you want to purchase the vehicle. If you are getting a loan, determine how much you are willing – or able – to borrow. Don’t earmark every cent of spendable money for long-term loans as it will be hard to hold yourself to that budget; allow for…

Purchasing a car can be an intimidating experience. You have to worry about finding the best deal, getting good rates on your loan and haggling with salespeople. This process doesn’t have to be a headache. You can make it a fun, positive experience by doing your research before going to the dealership. This includes getting your financial plan solidified. First Things First: Call Aspire BEFORE Shopping Do you know what you can afford? By calling Aspire before heading to the dealership, you can get pre-approved so you know exactly what to look for. Speaking of looking, you also have access…

Should you buy or lease your car? Use this calculator, courtesy of our Financial Resource Center, to find out! We calculate your monthly payments and your total net cost. By comparing these amounts, you can determine which is the better value for you. http://aspire.frc.finresourcecenter.com/Lease_vs_Buy_89980.html