Buying a car is an exciting time, but one full of decisions and options. From lease buyouts to new and used cars, there's a lot to explore. Before putting your keys into the ignition, make sure you've considered all of these factors.

Plan ahead before you shop.

• Prepare and refine your list of "musts" and "nice-to-haves" when it comes to your next car.
• Figure out how much you are comfortable spending on a monthly car payment and commit to a price point that you are not willing to go above.
• Apply for a free pre-approval so you know how much you may be eligible to borrow (this can also give you some added leverage when negotiating at a dealership).
• Take advantage of our CUDL AutoSmart service for added shopping convenience

Prepare for additional expenses.

• Your car's cost doesn't stop at the sticker price. Be ready to cover costs for the vehicle’s registration, insurance, and inspection.
• Adjust your budget to accommodate more frequent fill-ups if your new vehicle will be less fuel-efficient.
• Consider the costs of vehicle insurance, including GAP Advantage and MBP options.

Should you buy out your auto lease?

If your car is nearing the end of its lease, it may make more sense to explore a Lease Buyout with us. If you love your car and want to remain in a set of reliable wheels, this option may be the most attractive, both for your preferences and your wallet.