{"id":431,"date":"2019-07-12T20:33:25","date_gmt":"2019-07-12T20:33:25","guid":{"rendered":"http:\/\/www.unitedfinances.com\/blog\/?p=431"},"modified":"2019-07-12T20:33:25","modified_gmt":"2019-07-12T20:33:25","slug":"tips-for-saving-money-when-buying-a-luxury-vehicle","status":"publish","type":"post","link":"https:\/\/www.unitedfinances.com\/blog\/tips-for-saving-money-when-buying-a-luxury-vehicle\/","title":{"rendered":"Tips for Saving Money When Buying a Luxury Vehicle"},"content":{"rendered":"<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 20pt;\"><img decoding=\"async\" style=\"border: none; height: 340px; width: 624px;\" src=\"https:\/\/lh4.googleusercontent.com\/wlz3M0ARoX1PPKtiDo58JT9SKYU6D4nJ4cBCP0blIA-j5ThRq8mzkmNpbUwWBI_Gwse_24Gu3HGEjJcpXFBf6JUBv-M_5NhgE6xlkUO0n2O9awp9gYXtQGhpZ_HTwecq8fqQDDBqryxTjBfOgw\" alt=\"https:\/\/lh3.googleusercontent.com\/-whM4NIAB10wok3-HygiNAfVeRIf9-EOdDyfZk9RNgY69p8U85uibJxU5hLqWrRVwZFxdrbu1ki95ztiYhbAVAERPscfmu4JrMmyxH4izd73IKiUr4snTqoVv9aa8My7OA6II00O\" \/><\/span><\/p>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\">Just because you want to own a luxury vehicle doesn\u2019t necessarily mean you have to max-out your budget. Our money-saving tips can help you make a smart and satisfying purchase.\u00a0<\/span><\/p>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 16pt;\">Plan Financially\u00a0<\/span><\/p>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\">Since your financial situation is an important factor in how much you\u2019ll actually end up spending on your car, you should make sure your finances are in order. Even if you have a high-earning income, you can also make improvements to put yourself in the best position possible. Before initiating the car-buying process, you should:<\/span><\/p>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">Review your monthly budget and make sure you can afford the high payments usually associated with luxury cars. An<\/span><a style=\"text-decoration-line: none;\" href=\"https:\/\/www.mint.com\/\"><span style=\"background-color: transparent; color: #1155cc; font-family: arial; font-size: 11pt;\"> app or budgeting tool<\/span><\/a><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\"> can be helpful.<\/span><\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">Work on improving your credit score, even it\u2019s already considered pretty good, it can most likely be higher. If it is low, consider using a <\/span><a style=\"text-decoration-line: none;\" href=\"https:\/\/www.creditrepair.com\/\"><span style=\"background-color: transparent; color: #1155cc; font-family: arial; font-size: 11pt;\">credit repair service<\/span><\/a><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">.<\/span><\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">Save up for a down payment. Set up a savings account just for your car purchase if you don\u2019t already have one or get an app that allows you to <\/span><a style=\"text-decoration-line: none;\" href=\"https:\/\/www.acorns.com\/\"><span style=\"background-color: transparent; color: #1155cc; font-family: arial; font-size: 11pt;\">save and grow your money<\/span><\/a><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">.<\/span><\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\">By checking off this list, you can save on your auto loan by securing a lower APR and car payments. However, whatever your financial situation, there is an <\/span><a style=\"text-decoration-line: none;\" href=\"\/auto-financing\/\"><span style=\"background-color: transparent; color: #1155cc; font-family: arial; font-size: 11pt;\">auto loan<\/span><\/a><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\"> for everyone, even if you have <\/span><a style=\"text-decoration-line: none;\" href=\"\/bad-credit-auto-loans\/\"><span style=\"background-color: transparent; color: #1155cc; font-family: arial; font-size: 11pt;\">poor credit<\/span><\/a><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\">.<\/span><\/p>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 16pt;\">Do Your Research<\/span><\/p>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\">It\u2019s no secret that car dealers tend to have a bad reputation for trying to swindle buyers, but you don\u2019t really have to worry about that if you know what you\u2019re talking about. Knowing exactly what you want, like whether it\u2019s the 2019 Audi A4 or the Audi Q5, and how much that specific year, make, and model should cost you, you can avoid getting taken advantage of. Before setting out for a day of car shopping, take some time to look into both the financial aspects and the features of the car. You should know:<\/span><\/p>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">The market value<\/span><\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">Which add-on services you\u2019ll actually benefit from<\/span><\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">What type of financing option you want<\/span><\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">What features you cannot live without\u00a0<\/span><\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\">All of this can be valuable when negotiating and help you decide which dealership to visit so you don\u2019t waste time. In some cases, you\u2019re going to want to shop around online first, especially if you live in a small town. For instance, if you live in Baltimore or Timonium, MD, check out the local inventory in the surrounding area like the <\/span><a style=\"text-decoration-line: none;\" href=\"https:\/\/www.audihuntvalley.com\/new-inventory\/index.htm\"><span style=\"background-color: transparent; color: #1155cc; font-family: arial; font-size: 11pt;\">Audi dealership<\/span><\/a><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\"> in Cockeysville to make sure where you go has the exact model you want in stock.\u00a0<\/span><\/p>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 16pt;\">Compare Vehicle Prices at Multiple Dealerships<\/span><\/p>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\">Did you know that car prices can be drastically from dealership to dealership, even if they\u2019re not that far apart? This might be because of the average income and cost of living in certain areas. It can also come down the dealer\u2019s expenses including how they handle the shipping process or how much they pay in rent. Once you\u2019ve found a few dealerships in the area that have the car you want, try to see which ones are offering competitive pricing. You may be able to haggle with them by using some proven negotiation tactics to knock off some of the additional expenses to get a better deal because they want to keep your business instead of losing you to their competitor down the highway.\u00a0<\/span><\/p>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\"><img decoding=\"async\" style=\"border: none; height: 416px; width: 624px;\" src=\"https:\/\/lh6.googleusercontent.com\/hktmC-vqvN8BTYmr-Uf3-MeJFJG_lIagukzCZRFeKGCB3OPEw_Le_aMNyk-jy5uhxKVjgv5f-4aExDhPxT-pqk9_6aho75Ln9Jhgedgs84pj3lF_SCNvOclbcOTbD12F5skx_SWYhidwCA64Cw\" alt=\"https:\/\/lh5.googleusercontent.com\/UCiZFjSR6PeFQxv5q2n-GLjX6hIOY9hy8Y4vn225pQKhkaNxrAE1sqpkk9ThCOJqjBKBeJt76eDFYpw_MlBIQeQCinF20PY43WQgaQ7CcPPwRXhLnKLGem7RoMhQcYA6u313zqkw\" \/><\/span><\/p>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 16pt;\">Consider Changing Insurance Companies<\/span><\/p>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\">Buying a luxury vehicle might also mean a spike in your insurance, depending on which one you buy. This isn\u2019t always the case though. It can depend on <\/span><a style=\"text-decoration-line: none;\" href=\"\/blog\/how-certain-factors-influences-your-vehicle-insurance-claims\/\"><span style=\"background-color: transparent; color: #1155cc; font-family: arial; font-size: 11pt;\">personal factors<\/span><\/a><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\"> as well as certain aspects of that particular vehicle, including:<\/span><\/p>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">Whether the car is commonly stolen<\/span><\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">Crash test performance<\/span><\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">Horsepower<\/span><\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span style=\"background-color: transparent; font-family: arial; font-size: 11pt;\">Safety ratings\u00a0<\/span><\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\">Before whether you want to purchase a Mercedes, Porsche, BMW, or Audi, look into their <\/span><a style=\"text-decoration-line: none;\" href=\"https:\/\/www.thebalance.com\/what-are-the-most-expensive-cars-to-insure-in-2018-4169851\"><span style=\"background-color: transparent; color: #1155cc; font-family: arial; font-size: 11pt;\">average insurance costs<\/span><\/a><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\"> and compare it to your current rate. If it\u2019s significantly more, reach out to a few different companies for a quote to see if it\u2019s worthwhile to make the switch to save money in the long-run. Some insurance providers even offer <\/span><a style=\"text-decoration-line: none;\" href=\"https:\/\/www.allstate.com\/auto-insurance\/auto-insurance-new-car-discount.aspx\"><span style=\"background-color: transparent; color: #1155cc; font-family: arial; font-size: 11pt;\">new car discounts<\/span><\/a><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\">.\u00a0<\/span><\/p>\n<p dir=\"ltr\"><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\">Whatever your circumstances, UnitedFinances can help you find the right auto loan with a <\/span><a style=\"text-decoration-line: none;\" href=\"\/auto-lenders\/\"><span style=\"background-color: transparent; color: #1155cc; font-family: arial; font-size: 11pt;\">reputable lender<\/span><\/a><span style=\"background-color: transparent; color: #000000; font-family: arial; font-size: 11pt;\"> so you can become a proud owner of your dream car.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just because you want to own a luxury vehicle doesn\u2019t necessarily mean you have to max-out your budget. Our money-saving tips can help you make a smart and satisfying purchase.\u00a0 Plan Financially\u00a0 Since your financial situation is an important factor in how much you\u2019ll actually end up spending on your car, you should make sure &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.unitedfinances.com\/blog\/tips-for-saving-money-when-buying-a-luxury-vehicle\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tips for Saving Money When Buying a Luxury Vehicle&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/posts\/431"}],"collection":[{"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/comments?post=431"}],"version-history":[{"count":1,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/posts\/431\/revisions"}],"predecessor-version":[{"id":432,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/posts\/431\/revisions\/432"}],"wp:attachment":[{"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/media?parent=431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/categories?post=431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/tags?post=431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}