The car buying process can be an overwhelming one considering the range of options available. But perhaps the most stress-inducing part is the financial stage, where you have to figure out how to purchase your new car, truck, or SUV. At Ourisman Chrysler Dodge Jeep® RAM, we are adamant about being prepared for everything, and we’ve come out with some easy-to-follow financial strategies to help you get ready as you enter the car buying process.

Total Price

The total price and the sticker price are totally different in that the total price will be most likely higher than the sticker price. This means you’ll have to figure out what the total price is yourself or with the help of one of our financial experts. The total price includes necessary fees like license and registration, sales tax, and extended warranties.

Monthly Payment

By knowing how much will be taken out of your bank account on a monthly basis as you pay back your car loan, you’ll be able to better calculate your budget. And if you do this early on, you’ll be able to figure out which vehicles you can comfortably afford, which will help shorten your online research and extensive test drives.

Trade In

If the vehicle you currently own will be used as a down payment for your new purchase, don’t forget to factor it in. As a courtesy to you, we can appraise your car here at 2406 Crain Highway. To get an idea of what your vehicle is worth, feel free to utilize our Edmunds MyAppraise Trade-In tool for an estimate.

We hope to see you soon here at Ourisman Chrysler Dodge Jeep RAM of Bowie!