Tips for saving for a car.
Saving for a car can be a difficult process. Not only do you need good credit to get a car loan with acceptable rates, but you also need roughly 10 to 20 percent of a vehicle’s sticker price in order to make a down payment. That’s why we’ve put together a post on saving for a car, helping you to get your dream car.
According to US News, one of the most important steps is budgeting. Learn how much you can afford by calculating your monthly income and subtracting any expenses. What you have left is your maximum budget for a monthly car payment. It’s also important to account for insurance, fuel, registration, and other fees.
Next, calculate how much you need for a down payment. The rule of thumb is 20% of the sticker price, though the average American pays only 10%. The higher the down payment you can afford, the better your interest rates will typically be.
It’s also important to determine when you need (or want) your new car. Although this might sound like a given, few people realize the impact a few weeks can make in terms of savings. For example, if you are moving soon or if you are getting a new job, be sure to account for an increase or decrease in income as well as the need for transportation.
Finally, stick to the plan. Making savings mandatory is the most important part of saving for a car. Most people find that having their work’s payroll department deposit some of their earnings into a savings account, and the rest into their checking account, helps them to save without dipping into funds. This way, your car fund isn’t affected by routine spending. If you don’t have direct deposit, consider the good old-fashioned money jar.
Not sure if you have enough money saved? Stop by our Finance Department. Tell us what you want to pay monthly, and we’ll do our best to make it become a reality.
Furry Fun Days Sponsored Event
Community is important to H & H Chevrolet, which is why we try to support it anyway we can. We are happy to report that were able to recently sponsor two cool local events!
We were very happy to be a sponsor for Shippensburg’s annual doggie carnival, 11th Furry Fun Days. Held at Bubba’s Happy Tails Dog Park, the carnival featured lots of good eats, for dogs and their humans, as well as cool games and agility demonstrations by specially-trained canines. The event also made it possible for shelter pets to find a loving family to take them home.
H & H Chevrolet also sponsored the 2016 Solstice Arts Festival this year. The amount of inspired and skilled creativity displayed at the event was truly astounding. Artisans, musicians and artists from the region gathered to show off their work. Live pottery and drum circles were just some of the attractions found at the festival.
Since 1932, the community around our dealership has trusted us to help them find their next vehicle. Sponsoring these kinds of events is our way of giving back.
Proud neighbors of Shippensburg University
Education is important to us here at H & H Chevrolet, which is why we are proud to have such a wonderful college as Shippensburg University in the neighborhood. The school has an average enrollment of 7,000 students, with the current student body featuring international students from 15 other countries, and for good reason. This school has a lot to offer!
Shippensburg University was founded back in 1871. These days, SU is going strong and that has everything to do with the commitments they have made to be the best. First of all, unlike a lot of universities out there, classes at Shippensburg are taught by a faculty member, not graduate assistants. There’s a more than favorable student-to-faculty ratio of 20 to 1. Not to mention, almost every faculty member on campus has achieved a terminal degree in their field.
Shippensburg University is often cited by various publications as being one of the top schools in the country. In fact, US News & Report named the school as one of the best in the Northeast.
Learn how to remove smells from a car here!
An unwanted smell is unappealing and, depending on the smell, can lower your car’s resale value. Even if you don’t plan on selling your car anytime soon, a fresh smelling car is more inviting to passengers. Here’s a few quick ways to remove smells from a car from us here at H & H Chevrolet Cadillac.
- Coffee – After you’ve made your favorite cup of coffee, spoon some fresh coffee grounds into a bowl. Leave the bowl in your car with the windows up while you’re at work. When you’re ready to drive home, the smell of your favorite coffee will have overpowered the unwanted smell.
- Cat Litter – If you have a cat, you likely have litter at home. Cat litter is designed to absorb and eliminate smells which makes it perfect for deodorizing your car. Throw some cat litter in a bowl and leave it in your car overnight. By morning, your car will be virtually odorless.
- Cinnamon Sticks – Great for winter, cinnamon sticks can create a great smell to overpower your unwanted odor. Boil several sticks in hot water then pour that water into a mug or cup. Leave the cup in your car while it cools. Wait about an hour then enjoy the fresh cinnamon smell!
We want to hear your tips to remove smells from a car!
Chevrolet Bolt taxi is going to be seen on the road soon!
General Motors has generated a lot of interest with its latest electric vehicle, the Chevrolet Bolt. Now the company is taking that interest to new heights by making use of their partnership with Lyft. General Motors and Lyft will begin testing the autonomous Chevrolet Bolt taxi by mid-2017.
While neither company has revealed the location, the Chevrolet Bolt taxi isn’t likely to go unnoticed. Using technology developed by Cruise Automation Inc., General Motors hopes to increase sales via those who use Lyft.
“We have said the Chevrolet Bolt EV is the ideal platform for ride sharing solutions,” General Motors said. “We believe electrification blends perfectly with autonomy when it comes to technology integration.”
General Motors invested $500 million in Lyft back in January and both companies have heavily invested in autonomous technology. That’s not the only company the conglomerate is looking to acquire. Cruise Automation Inc. is in talks with General Motors for a $1 billion price tag.
Have no fear, ride-sharing users! Lyft will keep drivers in autonomous vehicles at first to ensure passenger safety. Customers in the unnamed city can opt into the program to receive a ride in an autonomous Chevrolet Bolt taxi within the coming year.
Here at H&H Chevrolet Cadillac of Shippensburg, PA, we can’t wait to see the latest in autonomous technology hit the road!