With Expomóvil 2024 just around the corner, the most anticipated automobile show of the year, many people are preparing to find the vehicle of their dreams. Purchasing a car is an exciting decision, but one that requires careful planning to prevent the process from harming your financial well-being.
“We understand that purchasing a vehicle is a significant decision, therefore, we prepare to support people in meeting this goal, offering useful guidance that allows them to make responsible financial decisions during the purchasing process. We know that it is in our hands to make a better world and we want, with these initiatives, to make it more prosperous and inclusive,” commented Cristina Alarcón, an expert in the matter.
To help people on this path, Alarcon has listed the following tips:
Set a budget: Before you start looking for a vehicle, it’s crucial to determine how much you can realistically spend. This includes considering additional costs such as premium and ongoing costs such as insurance, maintenance, registration, taxes and fuel.
Evaluate your needs: When making a decision it is essential to consider factors such as the type of vehicle you need and the use that will be given to it.
Investigate financing options: Exploring the different financing options available is essential. Davivienda offers a variety of financial solutions designed to meet the individual needs of each client, including vehicle loans with competitive rates and flexible terms.
Conduct thorough research: Before making a final decision, it is essential to research different vehicle models and brands to find the best option that suits individual needs and preferences.
Schedule a test drive: Once some options have been identified, it is advisable to schedule test drives to evaluate the vehicle’s performance and comfort in real-world conditions.
Consult an expert: It is always useful to seek professional advice before making an important decision such as purchasing a vehicle. Professional financial advisors are available to help clients evaluate their options and make informed decisions.
