In the vast landscape of adult responsibilities, securing a car loan often ranks high on the list. Whether you’re a seasoned car owner or a first-time buyer, the process of financing a vehicle can be daunting. However, it doesn’t have to be a process of confusion and regret. By steering clear of common pitfalls, you can embark on your car-buying journey with confidence and clarity.

1. Skipping the Budgeting Step: 

One of the biggest mistakes individuals make when obtaining a car loan is diving in without a clear budget in mind. Before even considering financing options, take the time to assess your financial situation. Calculate your monthly income, expenses, and existing debt obligations. Determine how much you can comfortably allocate toward a car payment without straining your finances.

How Much Should My Car Payment Be?

Determining an appropriate car payment hinges on various factors, including your financial situation, income, expenses, and long-term financial goals. As a general rule of thumb, financial experts often recommend that your monthly car payment should not exceed 10-15% of your monthly take-home pay. However, this percentage may vary depending on individual circumstances. It’s essential to strike a balance between comfortably managing your car payment and ensuring it doesn’t strain your overall budget or hinder progress toward other financial objectives, such as saving for emergencies or retirement. Ultimately, your ideal car payment should fit within your budgetary constraints and allow you to maintain financial stability and flexibility in the long term.

2. Neglecting Credit Score Improvement: 

Your credit score plays a pivotal role in securing favorable loan terms. Unfortunately, many borrowers fail to optimize their credit standing before applying for a car loan. Before seeking financing, take proactive steps to boost your credit score. Pay down existing debts, rectify any errors on your credit report, and refrain from opening new lines of credit. If you’re looking to purchase a new car, you should be in the range of 660 or higher depending on the model of the vehicle. 

3. Foregoing Pre-Approval: 

Pre-approval is a valuable tool that empowers car buyers to negotiate from a position of strength. By obtaining pre-approval for a loan, you’ll gain insight into the amount you qualify for and the interest rate you can expect. This knowledge arms you with leverage when negotiating with dealerships and allows you to focus on finding the right vehicle within your financial parameters.

4. Falling for Long-Term Loans: 

While low monthly payments may be tempting, opting for an extended loan term can be financially detrimental in the long run. Long-term loans may result in paying significantly more in interest over the life of the loan, ultimately diminishing the value of your investment. Aim to secure the shortest loan term you can afford to minimize interest expenses.

5. Overlooking Extra Charges: 

When finalizing the terms of your car loan, it’s crucial to read exactly what you’re signing that includes extra fees or charges. These may include loan origination fees, prepayment penalties, and extended warranty costs. Failing to account for these additional expenses can inflate the overall cost of your loan and catch you off guard.

6. Ignoring the Total Cost of Ownership: 

Financing a car goes beyond the monthly payment. Many buyers overlook the total cost of ownership, which encompasses factors such as insurance premiums, maintenance expenses, and fuel costs. Before committing to a loan, consider the comprehensive financial implications of owning the vehicle to ensure it aligns with your budgetary constraints.

7. Settling for the First Offer: 

Searching for the best loan terms is paramount in securing a favorable financing arrangement. Don’t feel the need to accept the first loan offer that comes your way. Explore multiple lenders, including banks, credit unions, and online financial institutions, to compare interest rates, terms, and incentives. By doing so, you can potentially save thousands of dollars over the life of the loan.

Visit Beach Lincoln and Talk With Our Financing Experts Today

Obtaining a car loan necessitates careful planning, research, and foresight. By sidestepping these common pitfalls, you can confidently embark on your car-buying journey, knowing that you’ve made informed decisions that align with your financial goals. Remember, the key to a successful car loan experience lies in diligence, attention to detail, and a willingness to advocate for your best interests.

If you are interested in a vehicle and are seeking financial assistance, talk with our team at Beach Lincoln! We can help you figure out a favorable budget and decide which new or used car is right for you. Our financing department offers competitive rates and specials to protect your vehicle’s investment. Furthermore, value your trade-in and see if it is worth adding this extra asset to your new car purchase. 

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Maintaining your Lincoln vehicle is essential to ensure its longevity, performance, and safety on the road. Following a regular maintenance schedule is key to preventing unexpected breakdowns and costly repairs down the line. In this blog post, we’ll discuss the recommended maintenance intervals for your Lincoln, focusing on the 15,000-mile, 30,000-mile, 60,000-mile, and 90,000-mile marks.

15,000 Mile Mark

At the 15,000-mile mark, it’s time for your Lincoln’s first major check-up. This milestone typically involves an oil change and filter replacement to keep your engine running smoothly. Additionally, technicians will inspect the brakes, rotate your tires, and look into suspension components for any signs of wear or damage. Fluid levels, including coolant, brake fluid, and transmission fluid, will be checked and topped off as needed. Finally, a comprehensive multi-point inspection will ensure that all systems are functioning properly.

Oil Changes

Regular oil changes are crucial for maintaining the performance and longevity of your Lincoln vehicle’s engine. The frequency of oil changes depends on several factors, including the model, engine type, driving habits, and operating conditions. As a general guideline, Lincoln recommends scheduling an oil change every 5,000 to 7,500 miles or every six months, whichever comes first, for most models. However, it’s essential to consult your vehicle’s owner’s manual for the manufacturer’s specific recommendations. When it comes to choosing the right oil for your Lincoln, it’s essential to use high-quality synthetic motor oil that meets the specifications outlined in the owner’s manual. Synthetic oils offer superior lubrication properties, thermal stability, and resistance to breakdown compared to conventional oils, ensuring optimal engine performance and longevity.

Tires

Knowing when to change the tires on your Lincoln vehicle is essential for maintaining safety, performance, and efficiency on the road. Several factors can indicate that it’s time for new tires, including tread wear, age, and driving conditions. As a general rule of thumb, tires should be replaced when the tread depth reaches 2/32 of an inch or less, as this level of wear can significantly impair traction and handling, especially in wet or snowy conditions. Additionally, if you notice uneven tread wear, bulges, cracks, or other signs of damage, it’s crucial to have your tires inspected by a professional and replaced if necessary. Finally, even if your tires appear to have sufficient tread depth, it’s essential to consider their age, as tires degrade over time and can become less safe and reliable, particularly after five to six years. 

30,000 Mile Mark

When your Lincoln reaches 30,000 miles, it’s due for another round of maintenance to keep it in top condition. In addition to the services performed at the 15,000-mile mark, this interval may include replacing the engine air filter and cabin air filter for improved air quality and engine performance. Technicians will also inspect the battery, belts, hoses, and exhaust system for any signs of wear or deterioration. A wheel alignment and tire rotation may be recommended to ensure even wear and optimal handling.

60,000 Mile Mark

Reaching the 60,000-mile mark is a significant milestone for your Lincoln, signaling the need for more extensive maintenance to keep it running smoothly for years to come. In addition to the services performed at previous intervals, technicians will conduct a thorough inspection of the cooling system, including the radiator, hoses, and thermostat, to prevent overheating and coolant leaks. This is also a good time frame to check on your brakes and rotors to ensure there is no damage and you can brake safely. The timing belt may also be due for replacement, depending on your vehicle’s model and engine type. Spark plugs, fuel filters, and PCV valves may be replaced to maintain optimal engine performance and fuel efficiency.

90,000 Mile Mark

As your Lincoln approaches the 90,000-mile mark, it’s time for another comprehensive check-up to address any potential issues before they escalate. In addition to the services performed at previous intervals, technicians will inspect the suspension and steering components for signs of wear or play, ensuring a smooth and responsive ride. The transmission fluid and filter may be replaced to maintain smooth shifting and prevent premature wear on internal components. Additionally, the differential fluid may be changed to ensure proper lubrication and smooth operation of the drivetrain.

Visit Beach Lincoln For Expert Lincoln Service

At Beach Lincoln, we’re committed to helping you keep your vehicle up to date on its service needs at every milestone. Whether your Lincoln is due for its 15,000-mile, 30,000-mile, 60,000-mile, or 90,000-mile check-up and all services in between, our dedicated Lincoln service center is here to ensure that your vehicle receives the care and attention it deserves. Our team of certified technicians is trained to perform a comprehensive range of maintenance tasks, from routine oil changes and filter replacements to more extensive inspections and repairs. With state-of-the-art facilities and genuine Lincoln parts and accessories, you can trust that your vehicle is in good hands at Beach Lincoln. Schedule your next service appointment with us and experience the difference in quality and convenience for yourself.

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The luxury SUV segment has a standout contender that demands attention – the Lincoln Navigator. Renowned for its opulence, advanced features, and commanding presence on the road, the Navigator embodies Lincoln’s commitment to delivering a top-tier driving experience. In this blog, we’ll take a closer look at the key attributes that make the new Lincoln Navigator a distinctive choice in the realm of luxury SUVs.

Dive into the Lincoln Navigator Features

The following makes the Lincoln Navigator stand out:

Exterior Elegance Redefined

From the moment you look at the Lincoln Navigator, its regal exterior design captures attention. The bold grille, signature lighting elements, and sleek body lines convey a sense of sophistication and refinement. Lincoln’s attention to detail extends to every inch of the Navigator, making it a visual masterpiece on the road. 

Spacious and Luxurious Interior

Step inside the Navigator, and you’ll be greeted by a bold interior that defines luxury. The spacious cabin is meticulously crafted with high-quality materials, offering both drivers and passengers a serene environment. Plush leather seats, wood accents, and ambient lighting contribute to an ambiance of opulence, ensuring every journey is a pampering experience. You can also expect a heads-up display that will give out quick information to limit any distractions. Within this system, you can expect adaptive cruise control, lane assist, digital light protection, and more. 

Cutting-Edge Technology

Lincoln has equipped the Navigator with cutting-edge technology features that elevate the driving experience. The infotainment system, complete with a large touchscreen, intuitive controls, and smartphone integration, keeps you connected and entertained. Advanced driver-assistance features add an extra layer of safety, making every drive not just luxurious but secure. The Lincoln Navigator also includes an enhanced security system with SecuriCode technology which is a keyless entry. You can also utilize your phone as a key through the Lincoln Way app. 

Powerful Performance

Under the hood, the Lincoln Navigator doesn’t compromise on performance. A robust twin-turbocharged 3.5L v6 engine delivers a potent combination of power and efficiency, ensuring a smooth and commanding ride through a 10-speed select shift automatic transmission. Whether you’re cruising on the highway or navigating city streets, the Navigator’s performance capabilities make it a joy to drive. With its 4-wheel drive and trailer tow package, you can always have the comfort of towing any of your extra accessories in the least stressful manner. 

Versatile Seating and Cargo Options

The Navigator goes beyond luxury; it prioritizes practicality. With versatile seating configurations such as massaging seats and ample cargo space, this luxury SUV adapts to your needs. Expect a quiet cabin as Lincoln has created sound-diminishing technology, second and third tow seating, and a panoramic vista roof. Whether you’re transporting passengers or luggage, the Navigator provides the flexibility to accommodate a variety of scenarios without compromising on comfort. 

Commonly Asked Questions about the Lincoln Navigator

1. Are Lincoln Navigators reliable? According to U.S. News, the 2023 model scored an 8.8/10 which is a very high score. 
2. How much does a Lincoln Navigator weigh? The Navigator will weigh around 5,854 lbs. 
3. How much can a Lincoln Navigator tow? Expect a towing capacity of 6,200 to 8,300 lbs. 
4. Do Lincoln Navigators require premium gas? Although your Lincoln can run just fine on regular fuel, it is recommended to use premium fuel as this can extend the life of your engine and increase overall performance. 

Visit Beach Lincoln to View our Navigator Lineup and Schedule a Test Drive Today

The Lincoln Navigator is not just an SUV; it’s a symbol of luxury and sophistication. With its elegant design, lavish interior, advanced technology, and powerful performance, the Navigator offers a driving experience that transcends expectations. If you’re in search of a luxury SUV that seamlessly combines style and substance, the Lincoln Navigator stands as a formidable choice. Embark on a journey of refined driving – choose the Lincoln Navigator.

Embark on the journey of luxury and sophistication by visiting Beach Lincoln today to explore our exquisite lineup of Lincoln Navigator models. Our showroom awaits, showcasing the epitome of design and technology. Experience the unparalleled comfort and advanced features of the Navigator firsthand by scheduling a test drive. Additionally, discover the value of your trade-in as our knowledgeable staff guides you through the process. Discuss tailored financing options that align with your preferences and make owning a Lincoln Navigator a reality. At Beach Lincoln, we are committed to providing a seamless and personalized experience, ensuring you drive away in the epitome of luxury. Visit us today and elevate your driving experience to new heights.

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Regarding luxurious SUVs, Lincoln has been a prominent player in the automotive market, offering a lineup of refined vehicles that cater to various preferences and needs. With an array of models available, choosing the right Lincoln SUV can be a daunting task. Beach Lincoln is here to help you narrow down your choice on which SUV fits your needs. 

Different Lincoln SUVs to Consider

Lincoln Corsair

The Lincoln Corsair is an elegant and compact SUV that combines sophistication with performance. With its sleek design and impressive array of features, the Corsair stands out in the compact SUV segment. Offering a choice between a standard 2.0-liter turbocharged engine or an available more potent 2.3-liter option, it delivers a smooth and powerful driving experience.

Inside, the Corsair boasts a meticulously crafted interior with high-quality materials and advanced technology. Its emphasis on comfort is evident in its supportive seats and a host of convenience features, making it an appealing choice for those seeking a well-appointed, smaller luxury SUV.

Key Features

• Plug-in hybrid powertrain option
• Lincoln drive modes to handle any road condition
• All wheel drive
• Brush rear suspension
• Adaptive suspension

Trim Levels

• Premiere
• Reserve
• Grand Touring

Lincoln Aviator

Stepping up in size, the Lincoln Aviator is a midsize SUV that exudes elegance and sophistication. Known for its striking design and upscale interior, the Aviator offers a powerful twin-turbocharged V6 engine that provides ample performance with up to 400hp and 415 lb. – ft. torque while maintaining a smooth ride quality.

The Aviator’s interior impresses with its attention to detail, premium materials, and advanced tech features. With its third-row seating option, the Aviator offers versatility for families and those seeking a bit more space without compromising on luxury.

Key Features

• Driver assist technology
• Lincoln drive modes
• Air glide suspension to ensure the smoothest ride, even when hauling cargo

Trim Levels

• Premiere
• Reserve
• Black Label

Lincoln Nautilus

The Lincoln Nautilus occupies a unique position in Lincoln’s SUV lineup, providing a comfortable and refined driving experience in a midsize package. Formerly known as the MKX, the Nautilus received a refresh, boasting a contemporary design and updated features, really boasting the technology and hybrid engine options. 

Equipped with a choice of turbocharged engines, the Nautilus delivers a balanced blend of power and efficiency. Inside, its cabin showcases upscale materials and a suite of advanced safety and infotainment technologies, making it an appealing option for those desiring a midsize luxury SUV.

Key Features

• Available 2.0L turbocharged hybrid motor option
• 11.1-inch center stack touchscreen 
• Bluecruise 1.2 that includes lane change assist, lane repositioning, blind spot monitoring, and more
• 24-seat adjusting motions

Trim Levels

• Premiere
• Reserve
• Black Label

Lincoln Navigator

At the apex of Lincoln’s SUV lineup sits the Lincoln Navigator, a full-size luxury SUV that epitomizes opulence and grandeur. Boasting a commanding presence on the road, the Navigator impresses with its spacious interior, powerful engine, and a plethora of high-end features. Expect around 440 hp and 510 lb-ft of torque in the twin-turbocharged motor. 

With a 10-speed automatic and four-wheel drive, the Navigator can travel many places other Lincoln SUVs could not. With its plush seating, generous cargo space, and a suite of advanced driver-assistance features, the Navigator caters to those seeking the pinnacle of luxury and comfort in a large SUV. 

Key Features

• Multiple drive modes and a heavy-duty tow package. The 2024 model can tow anywhere from 6,200 to 8,300 lbs. 
• Built-in security system
• Hands-free highway driving
• Adaptive cruise control and suspension with road preview

Visit Beach Lincoln and Schedule a Test Drive Today

Deciding on the best Lincoln SUV for you ultimately depends on your preferences, lifestyle, and needs. If you prioritize maneuverability and a more compact size, the Corsair or Nautilus might be suitable options. The Aviator or Navigator could be the ideal choice for larger families or those desiring more space and luxury.

Before making a decision, take a trip to Beach Lincoln in Myrtle Beach and explore test-driving these models to experience their unique features firsthand. Whether you prioritize performance, comfort, or advanced technology, Lincoln offers a diverse range of SUVs to elevate your driving experience to new heights. Our expert team at Beach Lincoln will guide you through the features of each SUV, helping you discern which one best aligns with your lifestyle and preferences. Additionally, our dealership is committed to assisting with financing, ensuring you find the best-suited options, and we’re ready to help value your trade-in, making your Lincoln ownership experience as seamless as the ocean breeze.

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