Tips on making your dream car a reality

***** This is a sponsored post. All opinions are mine *****

Is your dream car something with lots of grunt or super sleek and sexy? Or maybe you’re looking to get into your first car and gain true independence? Whatever the reason, your dream car isn’t likely to appear overnight in your driveway. You’re most likely going to have to get a car loan or lend a huge amount of money to get your dream car.

Here are some tips on how to finally make your dream a reality.

Make a budget and stick to it.
The first thing you really need to know is how much disposable income you have out of every paycheck. This will help you determine what percentage of your income you can afford as car loan repayments. Once you know how much your disposable income is, you’ll be able to get some ideas on how much you can borrow, how long it’ll take you to pay your loan off (the ‘term’) and how much interest you’ll pay over that time.

Set up a dedicated savings account.
It is best if you can open an extra savings account purely for the car loan deposit. That way you will easily track how much you still need to get that dream car and you can make necessary actions if your balance is still not enough.

Do your research.

For starters, the most important tip of finding a car is performing the right research. You can’t make the right purchase without knowing the facts about the make, model and price of your car. 

In my case, I have found Cars.com as a great resource to learning about my potential purchase. Their website has a huge selection of information that will provide you with everything you need to make an informed purchase. What most people don’t know about them is their Videos & Reviews feature. They provide extensive reviews and essential information about a wide variety of different cars. And most importantly, they give it to you straight. I’ve found they don’t sugar coat or hide the bad reviews of cars. If something is poorly rated, hasn’t performed well or not a good purchase, they aren’t afraid to tell you. Because of this, I recommend you begin your car research here. Doing your research is a very important part of car shopping. Especially if you are a first-time buyer or have a lot of different cars you’re interested in, your research will help you the best car at the best price.  

We’ve all got dreams in life, but the only away to achieve them is to have a plan. Get your plan in place, start saving and in no time, that shiny new beast will be yours!