Aim to keep your total monthly car expenses (payment, insurance, fuel, and maintenance) around 10% of your gross monthly income.
Never walk into a dealership without financing already in your pocket. car buying 101
Before you fall in love with a car, know what you can actually afford. Aim to keep your total monthly car expenses
Buying a car is one of the biggest financial moves you’ll make. To get a solid deal without the stress, you need a plan that goes beyond just picking a color. car buying 101
Here is a guide to help you navigate the process like a pro. 1. Set a Realistic Budget
Visit your bank or a credit union first. A pre-approval gives you a baseline interest rate to compare against whatever the dealer offers.