Anxiously waiting to purchase an Alfa Romeo car or SUV? Our Alfa Romeo finance experts at Helfman Alfa Romeo of Sugar Land are sharing a few tips to help you budget for your purchase.

Set a Budget

Naturally, before you start budgeting for your new car purchase, you need to set a budget. Experts recommend that you keep your monthly vehicle expenses under 15 to 20-percent of your monthly take home pay.

Make sure to factor in all the costs of owning a vehicle.

  • Car payment
  • Insurance
  • Maintenance costs
  • Cleaning costs
  • Fuel

Use an Auto Payment Calculator

Trying to determine just how much you can spend on a car that still fits in your budget? An auto payment calculator can help give you an estimate on what your monthly car payment will be.

It takes your vehicle’s total cost (minus your down payment or trade-in value) and divides it over your desired term. Then, it factors in taxes and interest to determine your monthly payment.

Get Preapproved

Keep in mind, even if the auto payment works for your budget, you still want to make sure that you’ll be approved for the total investment. We have an auto finance application on our site that lets you conveniently apply online anytime. This way, you can be confident you’ll be approved for your new car or SUV before you even visit the dealership.

The form just asks a few quick questions.

  • Your name and contact info
  • Your date of birth
  • Your social security number
  • Your employment information
  • Your banking information
  • Co-applicant information (if applicable)

Still have questions? Visit our Houston Alfa Romeo dealership to chat with our team – we’d love to help you get into your favorite Alfa Romeo car or SUV today!