Jake Sweeney FIAT is the FIAT dealership you can turn to for a wide inventory of new and pre-owned FIAT vehicles you’re sure to love. Our expert team will work with you to find the perfect car at a price that fits your budget.
Because budgeting for your next FIAT doesn’t have to be stressful. You can take steps before the financing process to feel confident and comfortable with your car payments and the vehicle you’ll be using every day.
It’s a good idea to familiarize yourself with financing terms, like MSRP, balloon payments, and being in the upside down. Next, you’ll want to do a credit check. Don’t worry if your credit isn’t perfect—you still have lots of financing options to fit your needs. Remember, a higher down payment and a higher monthly payment will mean you pay off your loan more quickly.
That said, it’s important that you’re able to pay the loan every month. That’s why financing experts recommend the 10-20% rule, meaning you only spend 10-20% of your monthly income on car payments. If you already have debt from student loans, credit cards, or house payments, it’s a good idea to follow the 36% rule, meaning that only 36% of your monthly income goes to payments—which might mean you aim toward lower car payments. It’s important to find a budget that fits your needs.
When you’re ready to start looking at the best new and pre-owned FIAT cars, make Jake Sweeney FIAT your first stop. We offer online financing applications, value trade-in appraisals, payment calculators and everything else you might need to drive home in a vehicle you love. Visit us at 5969 Centennial Circle to get started today!