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

Car Examer

A good rule of thumb is to keep your total car-related costs (loan payment, insurance, fuel, and maintenance) around 10-15% of your monthly income. What’s a realistic monthly amount for car payments, insurance, and upkeep? Insurance Insurance premiums vary based on the car’s make, model, age, and your driving history.

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How to Haggle Car Price Like a Pro

Your Car Buying Advocate

Imagine financing like this : It’s a way to break up the cost of the car into smaller, more manageable payments spread out over time. Your budget should clearly reflect what you can afford to spend, keeping in mind both the initial cost of the car and ongoing expenses like fuel, insurance, and maintenance.

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