How To Budget Before Buying Your First Car

By DriveCasa Team | Posted in Personal Budgeting on Friday, August 4th, 2017 at 8:11 PM
budget-buying-first-car

After your residence, your car is the next biggest asset you need in most US cities. This is especially true in a city like Dallas. And if you’ve never bought a car before, having the additional hurdle of your credit can make the process even more stressful. Here’s what you need to know to budget before buying your first car.

 

Buying a car is a big purchase. You don’t want to overextend your budget with your monthly payments, and you have no way of knowing your car budget without calculating your expenses.

 

There are several smartphone apps and websites out there that you can use to get a handle on your actual spending to see if your budget is realistic:

  • Olivia: The Olivia smart phone app will look at your past spending and recommend a daily “safe spend” to keep you on track with your budget and savings goals. But it’s so popular that there’s a waitlist to download the app.
  • Mint: Both an app and a website, Mint can be used to track your spending and expenses every month and organize them into categories so you can see where your money is going. It also provides credit score updates.

 

If you want to focus on saving a little money before your first car purchase, there are smartphone apps that can help you with that too.

  • Digit: Socks away small amounts of money over the course of each month based on your spending
  • Acorns: as a micro-investing app, Acorn rounds up each purchase you make to the next dollar amount. So, when you buy a coke for $1.75, 25 cents are sent over to your acorn account to be invested.

 

At Drive Casa, we understand times can be tough and credit isn’t always perfect. But we don’t think that should stop you from buying your first car when you need it. By getting control of your budget, you’ll be in a much better place to finance a car you feel comfortable with, both physically and financially. Follow us on Facebook for more info on credit and car-buying.

 

*Disclaimer: Drive Casa is not a financial advising institution; all recommendations are based on opinion.

 

Faith Family Academy Community Partnership

By DriveCasa Team | Posted in Community, Education on Monday, May 15th, 2017 at 7:35 PM

Drive Casa Faith Family Academy Community Partnership

Drive Casa is more than a used car dealership. Drive Casa is an integral part of the community where we do business. We are here to make our world a better place to live, work and play. Through this core principle, Drive Casa is a proud sponsor of Faith Family Academy (FFA) which is located minutes from our Marvin D. Love location in Oak Cliff. Read the rest of this entry »

La Relación Entre El Pago Inicial y El Pago Mensual

By DriveCasa Team | Posted in hoja de presupuesto, pago inicial on Monday, May 1st, 2017 at 5:25 PM

Drive Casa Down, Monthly & Budget

¿Está planeando comprar un auto usado en el próximo mes o alrededor de ese tiempo? Si es así, aquí tiene unas cosas que debe saber antes de comprar un vehículo usado, especialmente si usted tiene mal crédito o no tiene crédito.

PAGO DE ENGANCHE

Su pago de enganche es una parte muy importante del trato. Tener un pago inicial más alto no sólo ayuda a mantener sus pagos mensuales asequibles. También suele darle una mayor selección de carros, camionetas o SUVs para elegir. Su pago de enganche disminuye la cantidad total que es financiada. Por lo tanto, un pago de enganche más grande le ahorra en intereses y en cargos financieros. Simplemente, cuanto mayor sea el pago de enganche, más ahorrarás en el largo plazo (tu término).

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Relationship Between Your Down Payment & Your Monthly Payment

By DriveCasa Team | Posted in Down Payments, Monthly Payments on Wednesday, March 22nd, 2017 at 11:52 PM

Drive Casa Down & Monthly Car Payments

Are you planning on buying a used car within the next month or so? If so, here are a few things you should know before purchasing a used vehicle, especially if you have bad credit or no credit.

DOWN PAYMENT

Your down payment is a very important part of the deal. Having a higher down payment not only helps keep your monthly payments affordable. It also usually gives you a larger selection of used cars, trucks or SUVs to choose from. Not to mention, your down payment lowers the total amount financed. So a larger down payment saves you on interest and finance charges. Quite simply, the larger the down payment, the more you save in the long run (your term). Read the rest of this entry »

Preparación de Impuestos. Reembolso Instantáneo. Mas de Enganche

By DriveCasa Team | Posted in devolución de impuestos, pago inicial, Temporada de impuestos on Thursday, March 2nd, 2017 at 7:27 PM

Drive Casa Preparación de Impuestos. Reembolso instantáneo. Más abajo.

Reconocemos que muchos clientes pueden tener dificultades para llegar con el pago inicial para obtener el coche, camioneta o SUV que desean. Por suerte, es temporada de reembolso de impuestos. Su reembolso de impuestos de 2016 puede ayudar a proporcionar el pago inicial que necesita para comprar uno de nuestros vehículos usados ​​de alta calidad y mantener sus pagos asequibles. En Drive Casa, nuestro principal objetivo es llevarlo a la felicidad, independientemente de su situación de crédito. Le ayudaremos a obtener el financiamiento y la calidad del vehículo usado que no sólo le encantará, sino que también podrá fácilmente hacer los pagos.

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Tax Prep. Instant Refund. More Down.

By DriveCasa Team | Posted in Down Payments, Tax Season, Uncategorized on Monday, February 20th, 2017 at 6:27 PM

Drive Casa Tax Prep, Instant Refund, More Down

We recognize that many customers may have difficulty coming up with the down payment to get the car, truck or SUV you want. Luckily, it’s tax refund season. Your 2016 tax refund may help provide the down payment dollars you need to purchase one of our high-quality used vehicles, and keep your payments affordable. At Drive Casa, our main goal is to drive you happy, regardless of your credit situation. We will help you get the financing and quality used vehicle that you’ll not only love, but be able to afford the payments as well.

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