If you’re shopping for a new Lexus car here at Keyes Lexus, you need to be sure that the vehicle fits into your budget. There are a few ways to make sure of that and a few expenses that you should not forget about along the way.
Use a Payment Calculator
This is one of the best ways to see how a car can fit into your budget. There are plenty of payment calculators available online that can help you figure out approximately how much you’ll end up paying each month for your new vehicle. You just have to plug in important info like the price of the car, your down payment amount, and the interest rate to see what you’ll owe every month.
You can also adjust individual parameters if you want to. Sometimes it can be smart to see what your bill looks like if you make a larger down payment or opt for a longer loan term.
Remember Other Car-Related Expenses
Don’t forget that the monthly car payment is only one of the ways that a car can affect your budget though. There are also other car-related expenses to concern yourself with.
You need to pay for fuel. There are insurance premiums to worry about. You also need to think about the cost of car care and maintenance. Don’t forget these expenses when you budget for a new luxury car.
Consider a Pre-Owned Model
If you do the math and it seems like that new car will be a tight fit for your budget, then why not consider a pre-owned Lexus model? We can help you find a low-mileag, pre-owned luxury car that has plenty to offer.
If you’re in the market for a new luxury car, visit our Lexus dealers in Van Nuys. We’ll make it easy to find a premium vehicle that fits into your budget.
