Maybe you or someone you know just returned home to Ft. Campbell from a deployment. Perhaps one of the first things you want to do is upgrade your vehicle. Before you start test driving, read these car buying tips for military personnel.
Shop for what you can realistically afford right now.
You’ve worked so hard and now you want to buy your dream car- right? Before you get ahead of yourself, account of all the costs that will go into buying a car: insurance, maintenance, gas and registration. Make sure you’re getting the right car for your needs and not buying more car than you can afford.
Have you been paying attention to your credit score?
Since most vehicle purchases are financed, your credit score plays a big role when securing a low interest rate. Don’t wait until you are ready to buy a car to pay attention to your credit! Check your score monthly, so when you are ready to make the big purchase, you won’t have to commit to a high-interest loan.
Use your resources to seek advice.
The Financial Readiness Program at Ft. Campbell provides personal financial counseling for Soldiers, Family members, Reserve components, DA Civilians and Retirees. When you’re ready to make the purchase, know that motor vehicles registered in Tennessee are exempt from sales and use tax if the vehicle is sold to military service members. Find out if you’re eligible here.
Ready to find your next vehicle? Shop Family First Auto Sales Inventory here.
Source: Military.com