3 Things Every First Time Car Buyer Should Do

First Time Car Buyers

If you are new to the car buying scene you may have experienced some common feelings: Exhaustion, anxiety and confusion. Sound like you? It doesn’t have to be like this! With the help of a trusted automotive professional and a little research on your part, you can find the perfect vehicle for you and your needs without experiencing any of these seemingly terrible feelings! It can actually be quite an enjoyable experience for those who love to shop or are anxious to get behind the wheel of their very own vehicle. We’ve come up with a short list of the MUST do’s when considering buying your very first vehicle.

Research

Think you know what kind of car you’re looking for? Take the time to research features and models that are important to you. Doing a little research before stepping foot on the lot will help you find the best deals and know when to walk away. It can also empower you to make decisions and help calm your nerves. When you understand more about what you’re buying you will know exactly where you money is going and you may also lift the rose colored glasses on some features or add ons that can be costly. If you aren’t a big music lover, paying for that sound system really isn’t worth the extra speaker, maybe you don’t need the 8-way power adjustable seat but you would like leather detailing. Learn the value and assess what’s important to you before you’re overwhelmed by choice and price tags.

Build a Budget

When you are really excited about that big purchase it can get easy to get lost in all the features, add ons and new model upgrades thrown your way. To keep yourself from getting distracted by all the bells and whistles of a new vehicle, make a budget prior to heading to the dealership. If you have any shopping companions, tell them your budget and get them to help you stick with it! It’s easy to say yes to the added features when you see their seemingly small price next to the larger, overall price of your vehicle but these things add up quickly. Don’t let a $100 or $200 there throw off your finances. If you’ve done your research you know what kind of vehicle and the features that you can afford. Stick to it!

Shop Around

Now that you know what you want and you know how much you have to spend, you’re ready to shop! Take the time to cruise a couple different dealerships not just for pricing but for salespeople. Great sales staff will make a difference for you and your vehicle. If you walk on a lot and someone is pushing you into a vehicle you don’t really want, they might not have your best interest at heart. Shopping around will also allow you to find a trustworthy individual to help you find a payment plan that will work for you. Don’t worry, there are not sneaky sales people all over the place, trust your instincts and come armed with your knowledge of how much things cost, and how much you can spend.

If you are looking for your very first vehicle, it can be easy to become overwhelmed. Using some of these points you can make the process a little smoother and even enjoy your experience! If you’re looking for a reputable financing department in North Carolina, you can contact Frank Myers Auto Maxx in Winston-Salem to learn more about automotive financing!

How To Build Your Credit Score In 3 Easy Steps

When you first start building your credit score it can be hard to know where to start and even harder to get people to trust you with a zero credit rating. While it may feel like you’re being punished before you’ve committed a crime, don’t worry. You can begin building towards a great credit score and not to mention finance a vehicle even if it may seem impossible.

Creditors and lenders use your credit history to establish whether or not you’re trustworthy. If you hope to take out a loan in the future, or buy a house, you need to establish a good credit rating early on and nurture that relationship over the years. We have a few tips to help you build up your credit.


1) Check out your credit score

I know you think you have a zero credit rating, but are you sure? Make sure you have a clean slate before you begin to move forward. Sometimes things you would not expect can show up on a credit report such as an unpaid library fine and a forgetten medical bill etc. Doing a credit report check will help you know exactly where you stand so when you have a discussion with lenders, they won’t blindside you! It will also give you the opportunity to pay off any of the sneaky debts you may have accumulated.


2) Apply for an auto loan and/or credit card.

You are more than capable of securing an auto loan with zero credit. It you are new to the country you start with a blank slate and creditors will often give you a chance, merely at a higher rate. While the rate may be higher than if you had already esablished an impeccable credit score, with the right team working for you, you can find yourself an affordable payment plan that works with your budget and still find a high quality vehicle.

If you are not in the market for a vehicle, credit cards are also a great way to establish trust with creditors. Talk to your local financial institution about what card may work for you. If you are in the position, you could get both. It you’re looking for a card and are able to secure a low-limit credit card, go for it! Taking loans and paying them back is how you establish credit.

3) Make your payments in full and on time

When you enter into a loan agreement, make sure that you are signing up for affordable payments. When you take out a loan, you are expected to make timely payments and if you fail to do so your credit score will fall. No if’s and’s or but’s. When discussing your financing options with the financial services department, make sure you are open and honest about what you can afford and don’t feel pressured to commit to something that is out of reach. If you feel the agent is pushing you, move on to work with someone more trustworthy.


If you have gone the credit card route, make small payments on your card that you are able to pay in full. It is not enough to pay the minimum payments so be aware of your spending and know that the creditors are watching!

While it may seem overwhelming, especially if you’ve been turned down, to get your first loan and build your credit score with zero credit, it is possible! An auto loan is a great way to start building towards a great future credit rating if you are in the financial position to do so. Everyone needs reliable transportation regardless of credit ratings. Working with a reputable lender and team of financial professionals like the staff at Frank Myers Auto Maxx in Winston-Salem is a great way to work towards your financial future.

Frank Myers Auto Maxx Presents: Get Your Spring On

I’m almost giddy with anticipation.

March is here and that means spring is just around the corner. After the winter we’ve had, I think we can all shout out a collective, “Wahoo” at the thought of spring and everything that comes along with it.

I wholeheartedly agree with Robin Williams who said, “Spring is nature’s way of saying, “Let’s party!” That sounds like a great idea to me. A big party in the park with blossoming flowers and barefoot kids running around with ice cream all over their faces. True, it may take a little longer for Mother Nature to get her spring on but for now, a guy can dream!

Here’s a few tips to get Get Your Spring On!

Make your spring break plans now!

Plan to do something new like luxury camping at El Capitan Canyon in Los Padres National Forest where you camp in style, making both kids and mom happy! Or how about relaxing at Kiawah Island in South Carolina – a great place to golf while the family enjoys swimming, turtle watching, and biking. Feeling a little more adventurous, why not take the Grand Canyon All American Helicopter Tour or if you really want to get away, fly over to Paris? I hear the Paris Chocolate and Pastry Food Tour is a delicious way to spend a week. You’ll enjoy French gourmet specialties in the morning and walking tours in the afternoons. If these things are out of the budget, plan a staycation at home. Play tourist in your hometown and do something special, just don’t spend the whole week in front of the tube. No matter what you choose to do, make this Spring Break special by being original and intentional with your plans.

Get your spring-cleaning done early.

Why wait? Donate items you don’t need to the needy. Hire someone to wash your windows. Clean out your junk, your garage, and any area that has grown dusty over the long winter. Soon the sun will be shining in and shedding light on the state of your homestead. Imagine how much better your spring will be if you already have all of that pesky cleaning done?

Spend time outside being active.

Shake away the winter blues by getting that metabolism going. Start walking with a friend, playing tennis in the afternoon, or biking on a Saturday. Break out those rollerblades, if you dare, or why not make plans to run a marathon? Not the active type? Get outside anyway. Dine el fresco at a restaurant and then take a small stroll after dinner while window shopping on the avenue. Whatever you do, get outside and breathe in some fresh air. It’s sure to clear your head and prepare you to have a great spring.

Ok, back to work now, but this weekend, you might just see me outside taking a walk – my perfect pre-spring activity. I don’t know about you but I can’t wait to GET MY SPRING ON!

About Frank Myers Auto Maxx

The original Frank Myers Store was started more than 83 years ago by Frank Myers, the Great-Grandfather of the current owner Tracy Myers and the Grandfather of the previous owner, Franklin Myers. Tracy has spent the past 15+ years trying to change the landscape of the car business and the bruised reputation of car salespeople all over the country. Tracy was one of the first 100 Certified Master Dealers in the Nation, a NIADA Eagle Award Winner and was the youngest recipient ever to be honored with the highest available distinction in the used car industry…the National Quality Dealer award. Frank Myers Auto Maxx was recently recognized as the #1 Small Business in NC by Business Leader Magazine, one of the Top 28 Independent Automotive Retailers in the United States by Auto Dealer Monthly Magazine, one of the Top 10 Internet Auto Retailers in the Nation & one of the Top 3 dealerships to work for in the country by The Dealer Business Journal. Tracy is also the Co-Creator of the “Everybody Rides” program and author of the best selling book “Car Buying Secrets Exposed: The Dirty Little Secrets of a Used Car Dealer”, available at Amazon.com and better bookstores. He is a Christian Business Owner whose goal is to run his business “By the Book”. The dealership specializes in helping people find, qualify for and own the vehicle of their dreams with little or no money down…even with less than perfect credit.  For more information on Frank Myers Auto Maxx, please visit their website at: http://www.frankmyersauto.com

CONTACT

Frank Myers Auto Maxx
4200 N. Patterson Avenue
Winston Salem, NC 27105
SALES PHONE: 336-767-3432
SALES WEBSITE: http://www.FrankMyersAuto.com
SERVICE PHONE: 336-831-0656
SERVICE WEBSITE: http://www.frankmyersauto.com/winston-salem-auto-repair.html

Winston Salem Used Car Dealer Launches New Facebook Fan Page

Looking for a new or used car in Winston Salem but don’t know where to go? Connect with Winston Salem Used Car dealer Frank Myers Auto Maxx through their new social networking site and see the car shopping experience you can expect from the leading used car dealership serving Greensboro used car shoppers.

Frank Myers Auto Maxx wants to connect with consumers as well as know what their customers think about them. The dealer has launched the new Facebook fan page so Kernersville Used Car shoppers can share their reviews, read other reviews and connect with their neighbors.  Frank Myers Auto Maxx Facebook fans also have the opportunity to win great prizes like an iPad by liking their page.

Customers who bought a vehicle at Frank Myers Auto Maxx or have had their car serviced at their service center can post a review on the wall of their Facebook fan page. Facebook makes it easy for anyone to leave a review and easy for everyone to read. Simply visit the page HERE and sign in to connect with other Greensboro used car shoppers.

The Facebook community is also an excellent source of information for all consumers.  Greensboro used car shoppers can stay up to date with the latest finance, lease and service specials available at Frank Myers Auto Maxx.  A special tab also shows their most recent videos.

The new Frank Myers Auto Maxx Facebook fan page is more than just a place to meet other High Point used car shoppers. Customers have access to Frank Myers Auto Maxx staff for all of their questions about used vehicles, new vehicles and service needs.

ABOUT TRACY MYERS, OWNER OF FRANK MYERS AUTO MAXX

The original Frank Myers Store was started more than 83 years ago by Frank Myers, the Great-Grandfather of the current owner Tracy Myers and the Grandfather of the previous owner, Franklin Myers. Tracy has spent the past 15+ years trying to change the landscape of the car business and the bruised reputation of car salespeople all over the country. Tracy was one of the first 100 Certified Master Dealers in the Nation, a NIADA Eagle Award Winner and was the youngest recipient ever to be honored with the highest available distinction in the used car industry…the National Quality Dealer award. Frank Myers Auto Maxx was recently recognized as one of the Top 28 Independent Automotive Retailers in the United States by Auto Dealer Monthly Magazine, one of the Top 10 Internet Auto Retailers in the Nation one of the Top 3 dealerships to work for in the country by The Dealer Business Journal. Tracy is also the Co-Creator of the world famous “Everybody Rides” program and author of the best selling book “Car Buying Secrets Exposed: The Dirty Little Secrets of a Used Car Dealer”, available at Amazon.com and better bookstores. He is a Christian Business Owner whose goal is to run his business “By the Book”. The dealership specializes in helping people find, qualify for and own the vehicle of their dreams with little or no money down…even with less than perfect credit.

http://www.frankmyersauto.com/

Contact Frank Myers Auto Maxx
4200 N. Patterson Ave.
Winston-Salem, NC 27105
336-767-3432

11 Steps To Becoming A Super-Power Car Buyer; Part 2

Step #1 (of 11 Steps To Becoming A Super-Power Car Buyer): Ask Yourself If You Should Buy New Or Used?

Most people think the answer to this question is obvious – NEW.

But most of those people haven’t spent any time thinking about the actual pros and cons of each.

Many people believe you should only buy used if you can’t afford to buy a new car, but that logic is completely flawed.

Let me explain…

Have you heard all of those recent TV and Radio campaigns for all these amazing deals, huge rebates, low financing and ridiculous incentives on new vehicles? Of course you have. Who hasn’t. They’re everywhere!

Because of these aggressive campaigns and extremely attractive sale opportunities, the number of new cars, trucks and SUV’s sold by automakers since Cash For Clunkers is growing at a record pace.

What does this mean to you and me?

Good question.

It means that there has never been a better time to consider the merits of a used car instead of a new one.

Why??

Because, until a couple of years ago, all of these new car buyers have created an overabundance of used cars – by turning in leases and trading in recently purchased vehicles…which gives you, the used-car shopper, a mega-amount of choices of quality, low mileage vehicles.

Plus, the flood of people that bought all those new vehicles during the original Cash For Clunkers have started to trade-in those cars and has made the used car market ripe for the pickin’.

See…the used car market is somewhat depressed, which means the prices are lower than normal.

This is not good for your new-car buyer friends who are trying to get maximum money for their two and three year old trade-ins, but it’s great for the smart shopper like you who knows the insider information about buying used cars at depressed market prices.

You are the one who scores. You are the one who will save money.

Why would a used car dealer tell you this, let alone put it in writing?

Because I am in the best position ever to offer you an amazing, high-quality, pre-owned vehicle for a price and a payment that’s unheard of.

Plus, because so many new car buyers are trading in their cars so quickly to get jammed into another, most of these vehicles come with the peace of mind of it being top-quality and barely used.

What really matters is having a car you truly love and adore that is dependable and affordable.

If your budget is at its max, then buying a used car makes sense. It is the only way to get the most vehicle for the least amount of money.

How many new cars do you know of that list for under $10,000?

We both know what kind of car that buys. Not much. A strip-o model. That’s car talk for a car that has no features.

Manual transmission, no A/C, you can forget safety features and definitely no luxury accommodations.

What fun is that?

Michelle Krebs of Cars.com writes, “For less than half the price of the average new car, you can buy a 3- or 4-year-old used vehicle that is larger and loaded with more features than the small, bare-bones new one.”

Now we’re talking.

But I’m not going to be one sided here. Buying a used vehicle has its drawbacks.

You are not the first owner of the vehicle so you don’t know where and how it was driven or how it was cared for.

Was the scheduled maintained performed?

You may or may not know.

Many say that a used vehicle will require maintenance and possibly expensive repairs sooner than a new one, and these repairs may or may not be covered by a warranty depending on the vehicle you buy.

One state Independent Automobile Dealers Association web site states, “All automobiles require upkeep, so factor in some amount for repairs. A good rule of thumb: Multiply the number of miles you expect to drive a month by 38 cents; the amount of money you should set aside a month to cover operating costs and maintenance on a car in addition to your car payment and insurance.”

Operating costs include everything from repairs and routine maintenance – like oil changes – to gas, car washes, and air fresheners.

In the next post, I’ll share with you Step #2: The pros and cons of buying both new and used.

To read part one of this article, please click HERE.

 
About Frank Myers Auto Maxx

The original Frank Myers Store was started more than 83 years ago by Frank Myers, the Great-Grandfather of the current owner Tracy Myers and the Grandfather of the previous owner, Franklin Myers. Tracy has spent the past 15+ years trying to change the landscape of the car business and the bruised reputation of car salespeople all over the country. Tracy was one of the first 100 Certified Master Dealers in the Nation, a NIADA Eagle Award Winner and was the youngest recipient ever to be honored with the highest available distinction in the used car industry…the National Quality Dealer award. Frank Myers Auto Maxx was recently recognized as the #1 Small Business in NC by Business Leader Magazine, one of the Top 28 Independent Automotive Retailers in the United States by Auto Dealer Monthly Magazine, one of the Top 10 Internet Auto Retailers in the Nation & one of the Top 3 dealerships to work for in the country by The Dealer Business Journal. Tracy is also the Co-Creator of the “Everybody Rides” program and author of the best selling book “Car Buying Secrets Exposed: The Dirty Little Secrets of a Used Car Dealer”, available at Amazon.com and better bookstores. He is a Christian Business Owner whose goal is to run his business “By the Book”. The dealership specializes in helping people find, qualify for and own the vehicle of their dreams with little or no money down…even with less than perfect credit.  For more information on Frank Myers Auto Maxx, please visit their website at: http://www.frankmyersauto.com

CONTACT

Frank Myers Auto Maxx
4200 N. Patterson Avenue
Winston Salem, NC 27105
SALES PHONE: 336-767-3432
SALES WEBSITE: http://www.FrankMyersAuto.com
SERVICE PHONE: 336-831-0656
SERVICE WEBSITE: http://www.frankmyersauto.com/winston-salem-auto-repair.html