How to Budget for a New Honda Car

Are you budgeting for a new Honda CR-V this year? You’ll find a vast array of new and used vehicles on our website and on-site at Swickard Honda.  We offer convenient Honda financing options, including online preapproval and trade-in offers. Check out our top tips for budgeting for a new car then give us a call at (503) 722-5000.

Figure out how much you can afford for a new vehicle

Take into account all of your bills plus additional expenses like food and entertainment. Subtract this total amount from your income. Next figure in new car costs, like insurance and annual registration fees.  That should give you a good idea of how much money you have available to spend.

If you have a used car that you’d like to trade in that it’s a good idea to find out how much money you’ll get for your used vehicle. You can use estimates from Kelley blue book along with our online tool to get a good idea of what your older car is worth.

Estimate your monthly payment

Use an online payment calculator to determine which payments you can afford. These tools allow you to plug in the price of a Honda CR-V. Then subtract your down payment or trade-in amount. Next, you can adjust the annual percentage rate and length of the loan. Try various scenarios to find a monthly payment that works for your budget.

Get Honda Financing in Gladstone

If you’re ready to apply for a loan, then complete our online loan application and send it over. An expert will review your information and get back to you as soon as possible. Call Swickard Honda with any questions you have about Honda financing in Gladstone or to test drive a new vehicle today.