Secure financing from a bank or credit union before visiting a dealer to give yourself the power of a "cash buyer" during negotiations. 2. Research & Sourcing
Identify 3–5 models that fit your needs. Brands like Lexus, Toyota, and Honda are consistently rated for high reliability. Where to Shop: process of buying a used car
A popular finance guideline from Money Guy suggests putting 20% down, paying it off in 3 years, and keeping the payment under 8% of your gross income. Secure financing from a bank or credit union
Experts at Edmunds suggest capping car expenses (payment, insurance, fuel) at 10% of your take-home pay. paying it off in 3 years