You’ve just bought your significant other, family member, etc. a brand-new car for Christmas, and you are wondering what the best options are for financing the vehicle and what you should do insurance wise.

For many, a car loan is a necessity and making sure you get a fair and reasonable deal is a priority.

Here’s a few tips on what you should do if you are looking to get a car loan.

First, before you have even gone to the dealership to buy a new vehicle, you should check your credit score. You should be aware of what your credit score is so that you know what is considered a good loan based on your score.

You should also lock in your financing before you even visit the dealer. Comparing auto loan rates at banks and credit unions is always a good idea as well as getting a preapproved loan offer before heading to the dealership. That way, you know exactly what you can get approved for and afford.

However, you should also still talk to the dealer about financing. Getting pre-approved at the bank doesn’t mean you have to take that deal. If you have great credit, a dealer may be willing to give you a top-notch deal right away.

Lastly in terms of financing, you should research all possible discounts in advance. You should always be prepared when entering the dealership so that you can make sure that you get a fair and reasonable deal.

As for insurance, there’s many things to go over before purchasing. First, you should figure out how much coverage is required in your state. Once you see what is required, you can then decide what you feel you need.

You should also check your driving record while contemplating what insurance to buy. If you can’t remember how long a speeding ticket has been on your record, check with the state’s department for motor vehicles. If a ticket or points are about to disappear, wait until that happens before you get quotes.

You should also get multiple quotes, not just keying in on the first quote you receive. Getting multiple options and having choices is always a plus.

Lastly, you should always make sure you review the new policy. You always want to make sure you’re getting all the protection you need.

It’s always tough purchasing a new vehicle and wondering what’s a good price, what kind of loan you need to get if you are getting a loan and how much insurance you need.

Luckily, Rusty Wallace Ford is here to help you get the best deal. Rusty Wallace Ford is always reasonable and has deals all the time that will make car shopping easy. Rusty Wallace Ford is here to help you with a friendly staff, plethora of vehicles and great offers.

If you’re looking for a car that is the affordable and a dealership that is reasonable, visit your local Rusty Wallace Ford and find that perfect car.

They are located at 134 Sharon Dr. in Dandridge and are open from 9 a.m.-7:30 p.m. on Monday-Friday and 9:00 a.m.-6:30 p.m. on Saturdays. If you have questions, you can call at 865-344-2270.

-Sponsored by Rusty Wallace Ford