Buying a new truck does not have to be confusing. In fact, it should be fun and exciting! Having the knowledge and the right people to assist you is key. Here at Dan Vaden Brunswick, our knowledgeable staff can help you when buying a new truck in Brunswick, Jacksonville or anywhere in between.
There are several things to consider when buying a new truck. Read through the items below and give us a call so we can help.
This is Part 1 of this series. Stay tuned for Part 2.
Buying a New Truck – Budget
Decide on your budget first. A new truck can be a source of excitement and pride, but if you cannot make the payments, that can change quickly.
Many financial advisors recommend the 20% rule if the truck is for personal use. This is a very general rule, and can vary depending on your situation. The 20% rule advises that your payment should not be more than 20% of your take home pay.
If the truck is for work, you will need to consult with your company’s financial advisor. This applies even if you own your own business and will be using the truck for that. They can help you decide on a budget that will also consider future growth.
Knowing your budget up front will certainly help you when buying a new truck. We are here to help you find the truck that fits your budget.
Buying a New Truck – Vehicle Purpose and Use
What is the truck for? You must ask yourself several questions here. The answers you choose now will help answer the next few sections as well.
- Will the truck be for work or personal use?
- Will you be hauling heavy loads in the bed of the truck?
- Will you be towing a boat or trailer?
- How many passengers will normally ride with you?
- Where will the truck be driven most often?
- Will this be your primary form of transportation?
Answering those questions will help define your choice of a new pickup. Bring your answers to us and we can help you make the best choice.
We will continue this series about buying a new truck in Brunswick or Jacksonville in an upcoming article. But you don’t have to wait. Our truck experts can help you today! Call or contact us now.