For decades, most people followed a simple formula when they were ready to purchase a new vehicle. Visit a dealership in person, negotiate a price, complete the purchase and drive the car off the lot.

Today, there's a myriad of car buying options available, and whether you're a first-time or a veteran car buyer, the ever-evolving landscape of the auto industry can leave consumers with a lot of questions. Renée Horne, Chief Marketing and Customer Experience Officer at Chase Auto, offers five tips to help consumers prepare for their next car shopping experience.

Set your budget, and stick to it...