Archive for April, 2019
If you’re in the market for a new vehicle, you should determine what you can actually afford and understand the total costs involved.
Consider the following factors when calculating your car budget:
The Total Cost of The Vehicle
The total cost of your vehicle is more than just the sticker price; it also includes things like sales tax, title and registration fees. Remember that you will also need to have money to pay for auto insurance, gas, regular maintenance, repairs, and other costs associated with owning a car.
How Much Can You Afford Each Month?
If you’re financing a vehicle, then you’ll need to figure out how much of a monthly payment you can afford. Keep in mind that your monthly payment will include both principal and interest. The loan term, interest rate, and down payment will all affect your monthly cost.
How Much Can You Put Down?
Most vehicle purchases are made with a down payment. The more you can devote to your down payment, the lower your monthly car payment will be.
The 10%–20% Rule
To avoid overextending your budget, devote only 10% of your income towards your vehicle. This means if you make $3,000 per month, you’ll want to spend $300 per month on your car payment.
If you’re not planning on financing your new car, then the 10%-20% rule still applies. You’ll want to take 20% of your annual income to determine what you can afford to spend on a vehicle. For instance, at $36,000/year, you’ll be able to spend $7,200 yearly on your vehicle ($36,000 x .20 = $7,200).
Factor In Your Debt
If you currently have a lot of debt, there is a simple rule to follow. Consumer Reports found that it is best to spend no more than 36% of your gross monthly income on debt. Itemize what all of your monthly debt payments add up to, including mortgage, credit cards, and loans. Once you’ve totaled those, subtract them from 36% of your income to determine how much you can realistically add. For instance, if your income is $3,000 per month and you already spend $800 per month on credit card and loan payments, you can only afford a new monthly auto loan payment of $280, calculated as ($3,000 x .36) – $800 = $280.00.
If you’re in the market for a quality car, please browse our inventory today! Our dedicated team will work with you to finance a vehicle you can afford, even if you have credit issues! Click here to get approved today!
Having trouble securing an auto loan to buy a car? When other dealerships turn you away, Buy Here Pay Here (BHPH) dealerships like Drive Casa can help you finance a great quality vehicle!
What Is a Buy Here Pay Here Dealership?
Unlike traditional dealerships, Buy Here Pay Here dealerships finance everything in house. This gives them the ability to work with people from all credit backgrounds.
Drive Casa Benefits
A Buy Here Pay Here dealership like Drive Casa allows you to get a loan immediately. You don’t have to wait for the bank to process your application and you don’t have to apply with multiple lenders.
You, not the bank, can set your terms of repayment. If you want a seven-year loan, or even a nine-year loan, you can let us know and we will create a loan that is based on what you need and can afford.
Vehicle History Report
If you’re like most, you want to know if your vehicle has been in any accidents, totaled or had flood damage. We can confidently say we do not sell any pre-owned vehicles that have been damaged. This is why we provide a Vehicle History Report on every car we sell.
All of our vehicles go through a multi-point inspection before they are available on our lot. If they do not pass our rigid guidelines for safety and quality, we either get rid of the vehicle or do the repairs to make sure you and your family can safely drive home.
We also offer a 12 month, 12,000 mile warranty on all of our vehicles.
Complimentary Oil Changes for the First Year
No need to budget for oil changes anymore, we have you covered! Get oil changes on us every 3,000 miles or 3 months for the first year!
Drive Casa Qualifications
At Drive Casa, we understand tough times happen in life. That is why we do our best to help people from all credit backgrounds finance great quality vehicles. In order to do so, we have certain qualifications that have to be met before we start the approval process.
To finance a vehicle with us, you must bring the following things:
- Proof of Address
- Proof of Income
Acceptable Proofs of Income Include:
- Two most recent pay stubs
- Bank Statement with your name/bank name/bank address
- Documentation of social security, disability, or child support
Acceptable Forms of Identification Include:
- Any state issued ID (Excluding LA)
- Driver’s license
Acceptable Proof of Address Includes:
- Mail with name and address on it
- Lease agreement
- Phone/utility bill
Why Choose Drive Casa
When every traditional lender turns you down, Buy Here Pay Here dealers like Drive Casa can help put you behind the wheel. If you think a Buy Here Pay Here dealership is a good fit for you and your circumstances, click here to browse our inventory today or call us at 844-487-3650 for more information!
Dining out with kids isn’t always a fun proposition, but breakfast can be a great time to go to a restaurant with the whole family! Kids tend to be less cranky earlier in the day, and morning menu offerings suit even picky palates. Keep these family–friendly breakfast spots in mind the next time you visit one of our locations!
If you’re visiting our Buckner location, we recommend you stop in at Tejano’s Diner just a block away!
Although this restaurant does not have a website, it does not need to be overlooked according to all of the positive Facebook reviews!
We recommend ordering “The Grove Special”, which includes two pancakes, two eggs, two sausage links and two strips of bacon. Other menu options include chicken fried steak and grits!
In addition to the family-friendly atmosphere, this restaurant is very affordable with menu prices starting as low as $2.99 for a full breakfast!
If you’re one of the many that are still mourning the end of HGTV’s “Fixer Upper”, this is the restaurant for you! The show, which was based in Waco, followed husband and wife duo Chip and Joanna Gaines as they renovated houses all over the community.
We recommend trying the signature golden-brown biscuits (served with a side of strawberry butter) as well as the “Farm Breakfast”, which includes two eggs, homemade tator tots, and a choice of bacon or sausage. Other popular menu options include fluffy pancakes, French toast and garlic cheese grits.
The Dallas Diner has been a landmark in the community since 1982 and includes delicious menu options such as the breakfast taco, chorizo burrito and signature omelets. We recommend trying the “Omelet a La Casa”, which is made up of onions, tomatoes, jalapeno and ranchero sauce.
To see the full menu, please click here!
Visiting our Marvin D. Love Hwy location? You have to stop by Norma’s Café, a restaurant opened in 1956 that is known for its amazing home-style country breakfast options! The food and atmosphere will take you back in time and create a great memory for you and your family.
We recommend trying the “Norma’s Café Favorite”, which includes two eggs any style, hash browns or grits, buttermilk biscuits and your choice of ham, bacon or sausage. Other options include “Migas” (Scrambled eggs with tortilla chips, jalapeño peppers, tomatoes and onions and cheddar cheese), breakfast tacos, pancakes, French toast and waffles.
To view the full award winning menu, click here!
Have any other family friendly breakfast places that you love? Tell us in the comments below!