Purchasing a vehicle can be exciting, whether the vehicle is new or used. But it can also be a bit intimidating. You’ll have a ton of questions: Can I afford it? How high will my monthly payments be? Will the interest rate be too high with my credit? So we’ve compiled this guide to help you start the process.
SET A BUDGET
Before you start shopping for a car, you must first figure out how much you can afford. So your first step is to figure out your budget. You should set up a Financial Affidavit to help you plan your budget by sorting out your essential monthly expenses which will help determine what you can cut back on to afford the vehicle you want.
PERSONAL BUDGET FACTORS
It is very important to have realistic expectations when shopping for a vehicle. It’s not
only just what you