Figuring out your budget for a vehicle can get pretty overwhelming. At Toyota of Slidell, we want to make the process as streamlined as possible. That’s why we make it easy for you to build your own deal! As you start searching for your dream vehicle, you can begin building your financial plan before you arrive at the dealership. From there, we can help you make your plan a reality. Our financial experts can work with any credit standing or budget, so don’t be afraid to move forward if you’re struggling. At Toyota of Slidell, everyone wins.
Value Your Trade
In order to design your deal, you’ll need to get a good idea of what your trade-in vehicle is worth. The market constantly changes based on a number of unexpected factors. Yes, your vehicle’s condition and mileage are important. However, the value can also change based on season, model discontinuations, model introductions, and more. That’s why it’s so important for you to get an accurate value right before you’re ready to buy. This number will help you calculate your budget range, so your monthly payments are affordable.
Use Our Payment Calculator
In general, very high credit scores can expect lower interest rates and APR. Toyota of Slidell will never find you a loan with a ridiculous rate or APR that you can’t afford. With this in mind, you can estimate your monthly payment based on your credit score. By using our Payment Calculator, you can input some basic information to see your budget. You should be able to see whether or not you can afford vehicles under a certain price threshold. From there, you can easily shop for vehicles within your budget range.
Expenses Due at Signing and Beyond
Don’t forget--the cost of a vehicle doesn’t end at monthly payments. You’ll need to consider the costs of potential warranties and insurance granted by the dealership. In Louisiana, the dealership is responsible for collecting sales tax during your purchase, which is 4% of the total cost before trade-in. You’ll also need to consider registration cost, title fees, and plate fees. Factor this into the initial cost so you can make sure you’re working within your budget, especially if you have very little money to put down at signing.
When you’re ready, contact the financial experts at Toyota of Slidell in Slidell, LA!
Ready to move forward? One you’ve got all of your information gathered, the buying process will be smooth and painless. From here, you’ll be able to test drive vehicles without the gnawing concern that you won’t be able to afford it. If you’re not sure about how to plan your finances, we can help! We’ll find the loan that works best for you, regardless of your budget or credit score. To get started on this process, click over to our Value Your Trade tool. Everything you need to build your deal is right here on our website!