FEATURED AUTOMOBILE DEALER

STARLING CHEVROLET

Starling Chevrolet cares about our service members and families. With over 1000 new and pre-owned vehicles in inventory, military members will get MORE for LESS. More value, more convenience and more savings. For less time, less money and less hassle. Starling Chevrolet is proud to be your preferred automotive dealer.

MILITARY CAR BUYING TIPS

1CAR LOANS FOR MILITARY PERSONNEL

There are no special loans, deals, or financing options for cars offered by the VA. But many lenders and credit unions have people who specialize in car loans for military personnel. If you're buying a car on finance, your best option is to use one of them. But be sure they're credible and respectable. Service members are often targets of predatory lenders so research your options thoroughly.

2IF YOU CAN AFFORD TO PURCHASE A VEHICLE OUTRIGHT, DO IT

Even with the best possible loan and lowest interest rate, your car will cost thousands of dollars more paid overtime than if you'd bought it in one swoop. If you can’t afford this option, then try and make the biggest down payment you can. A bigger down payment means fewer future payments, less interest accrual, and less money out of pocket overall.

3KNOW WHAT YOU CAN AFFORD

Review your budget, consider what plans you may have for the future, and talk things over with your family. At what price do the monthly payments keep you from buying other things you want or need? Is there an event or item down the line you may have to pay for that you should be saving for (home ownership, college tuition, travel, etc)? Don't just consider what your current financial situation is, think ahead.

4INCLUDE THE COST OF INSURANCE IN YOUR PLANNING

You can't have a car without it so don't forget the additional recurring cost when budgeting.

5MONITOR YOUR TOTAL VEHICLE COSTS

A good rule of thumb to go by is not allowing your total vehicle costs per month to go above 20% of your income. And that includes gas, repairs, cleaning, etc.

6COMPARE PRICES FOR CARS AND INSURANCE

The internet is chock full of good advice and solid info in this regard with plenty of trustworthy sites out there. If you’re trading in a car when buying a new one, check your current car’s value as well so you get a good trade-in price for it.

7AVOID GETTING OVERCHARGED

The easiest way to avoid getting overcharged is to know your stuff before you head into the dealership. Know every last detail not just about the vehicle you want, but your own financial situation, credit score, and financing options. Do your research, talk to friends and coworkers about their car buying experiences, and speak to your base or unit’s financial advisor if available. If you walk into the dealership prepared and informed, you’re bound to get the best bang for your buck.

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