9 Steps to Buying Your First Car

young woman driving car

There are a lot of things to consider when you’re buying your first car. The process can be daunting, but we’ll walk you through it. Follow our guidelines for a stress-free ride.

Determine if you really need a car

Ok, you probably weren’t expecting this, but it’s important to take a step back to review your actual transportation needs. If you’re in college, most college towns have a great bus system in place, which can save you loads on car costs. Or if you have a good friend who owns a car and is willing to give you rides, it may not pay for you to have your own set of wheels. Also, if your campus has everything you need within walking distance, it can be cheaper to rent a car when you need it instead of buying one now.

Know your budget

If you’ve determined that a car purchase is necessary, don’t start hunting for your dream car until you’ve worked out a realistic budget. Take a hard look at your other monthly expenses to see how much you can spare for a new set of wheels. Don’t forget to include some cash for auto insurance, gas and maintenance. Use one of our free auto loan calculators to determine a vehicle payment, compare loan terms and more.

Create a tentative wish list

This is your first car, so it doesn’t need to have all the bells and whistles of your dream car. Sit down and make a list of all your “must haves” and “wants” you’re looking for in a vehicle. Determine how much each feature would cost you in a car and decide which are most important.

Obtain financing

If you’ve been saving money for a down payment to buy your first car, you will have a lower monthly payment. Visit Partner Colorado to learn about your auto loan options and to get your pre-approval. Right now, when you buy a new vehicle and finance it through Partner Colorado, you’ll make no payments for 90 days!

Research your options

If you’re ready to start looking for a vehicle, be sure to do your research first. Look at comparisons and reviews to figure out what kind of vehicle is best for you. After narrowing down your selection to your top three, call our preferred auto dealer, AutoTrek. They offer personalized services to help you buy the car that’s right for you.

Take it for a spin

If a car checks out and everything looks good, you’re going to want to take it for a test drive. If you go through AutoTrek, they will bring the vehicle to you for a test drive. Pay attention to details like legroom, acceleration, brake functionality and more while driving it.

Have it inspected

If you’re purchasing a used vehicle, it’s best to have it inspected by a mechanic before signing on the deal.  AutoTrek does a thorough check on all vehicles they sell and even offer a three-month/3,000-mile limited warranty with every purchase.

Make it official

If your car passed the test drive and inspection, you’re ready to make it official! Since AutoTrek is our preferred dealer, they can set up the financing directly through Partner Colorado, making everything easier for you. Make sure you read through all the documents before signing and don’t forget to call your insurance provider to add coverage on your new car.

Enjoy your new set of wheels and drive safely!