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Can I Afford to Buy a Used Car? Here’s How to Find Out

Car Examer

Down Payment A down payment reduces the amount you need to finance, which lowers monthly payments. A larger down payment now can mean less strain later. Monthly Loan Payments If you’re financing, the monthly payment amount depends on the loan’s term and interest rate.

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How to Haggle Car Price Like a Pro

Your Car Buying Advocate

Know how much you’ll pay each month, your interest rate, and how long you’ll be making payments. Getting pre-approved by a Credit Union for an auto loan before you go to the dealership can also be a helpful step. Getting pre-approved for a loan can also help enforce your budget.

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