A Guide to Financing Your First Vehicle
Buying your first vehicle is an exciting thing! We find that most people who are purchasing their first car are most nervous about the financing process. Here at Capitol City Honda, we make getting an auto loan easy. We work numerous lenders to find you the best deal possible and work with all credit types.
Here are some steps you should take to prepare to finance your first vehicle:
Set a budget: A budget is very important to ensure that you get monthly payments that work for you. Do some research into how much you can afford to spend on a car each month based on your other expenses. Tell us a number you want to stay at or under, and we’ll work with you to find the perfect vehicle in that price range.
Research Options: With multiple makes, models, and trims to choose from, it can be overwhelming to walk onto a dealership lot with no idea what you want. Browse our inventory online and list out features that are important to you. Once we know your must-haves, we can show you what vehicles in your price range are available that fit the bill.
Consider a Down Payment: A down payment is a great way to stretch your budget farther. It can help lower your monthly payments and shorten the term of your loan. Be sure to call our dealership at 800-594-2956 if you have any questions about how much to save.
Apply for Pre-Approval: This is simple with Capitol City Honda. Just fill out our online form and someone from the dealership will reach out to you as soon as possible to discuss your buying power and needs. We take the time to get to know you as a customer so you’re sure to leave the lot in the best possible vehicle for you.