Tips for Saving up for a Used Car Purchase

Used Car | Pueblo, CO



Are you having difficulty finding an affordable used car for sale in Pueblo County, Colorado? Inflation and fancy new features are driving the prices of used cars higher and higher! Southwest Motors wants to help you get a great deal on your next vehicle.

In addition to selling our pre-owned cars at competitive prices, we suggest following these ways you can stockpile extra money and afford that used car you’ve been eyeing — like the Chevrolet Colorado, Ford F-150, Jeep Grand Cherokee, or Hyundai Elantra.

Cut unnecessary expenses

When was the last time to scrutinized your spending habits and reduced inessential expenses? There are plenty of ways that you can keep more money from your paychecks in your bank account. Some ideas are:

  • buying groceries on sale or in bulk and freezing them
  • unsubscribing from streaming services or cable and using the library instead
  • limiting how often you drive and need to refuel
  • eating out at restaurants less often
  • reducing your utility bills through decreased usage

Sell your extra stuff

Not everyone has time for a second job, but you don’t need a job to earn more money. How much junk do you have stashed in your basement that you don’t need anymore?

You can sell your unneeded baby supplies, childhood toys, furniture, entertainment media, books, and antiques to make extra money — without having to get a second job or side gig. Find a consignment shop, have a yard sale, or use an online platform like eBay or Facebook Marketplace to sell your goods and make some extra cash for the down payment.

Set aside money automatically and liberally

After you pay any essential monthly expenses, any extra money should go into your piggy bank. That includes any bonuses or financial gifts you receive as well as any monthly surplus. Create a savings account solely for storing money for your big purchase; set up a recurring automatic withdrawal from your checking account to contribute at least a minimum amount every month.

Gradually, your habits of thrifty spending and stockpiling extra cash will add up to enough money to buy a used car at Southwest Motors. Remember, you only need enough cash for a down payment at first; we can help you finance the rest of the cost to repay over time with a loan.

Feel free to mention used models in inventory as ways to appeal to readers and motivate them to save.


Contact Us

SUV SUV Sales 2600 W US Highway 50 Southwest Motors is your Pueblo, CO used dealer. 719-545-5700 Canon City, La Junta, Colorado city 2600 W US Highway 50 Pueblo CO 81008