Ready to get behind the wheel of a new Volvo car or SUV? Before you start test driving at Fields Volvo Cars of Daytona Beach, it’s important to think through your budget and know exactly where your price point is. Our Volvo dealership is packed with new and pre-owned Volvo cars for sale, and here’s how you can start the buying process.

Step 1: How much can you afford to pay each month?

When you purchase a new vehicle, you’ll likely need a loan, unless you can pay everything upfront. This means that you’ll have to agree to a loan term, a monthly payment, and an annual interest rate. Assess your monthly income and your other expenses to see what kind of car payment you can realistically afford to make each month.

Step 2: Figure out your down payment amount

You’ll need to pay a down payment on your new Volvo. The more you can put down upfront, the less you’ll likely have to pay each month on the loan balance and interest. You can also trade in your current ride and put that value toward your down payment. To get an idea of what your current car is worth, value your trade online using our simple tool.

Step 3: Factor in all other costs

Budgeting for a car requires more than just figuring out the monthly loan payment. You’ll also want to factor in insurance costs, gas, title and registration, parking permits, and taxes that will apply to your purchase. That can be a lot to handle, but it’s worth it so you don’t get blindsided later on.

When you have your new car budget set up, it’s time for the fun part. Visit our Palm Coast, FL Volvo dealership to discuss your finance options or to start test driving. We look forward to your visit!