Two Experts Break Down How to Afford Buying a Car

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Two Experts Break Down How to Afford Buying a Car
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The Ultimate Guide to Buying A Car

is an excellent tool that will allow you to see specific rates on the cars you are interested in. If you’re looking for a zero percent interest rate, they are typically only offered as incentives by specific manufacturers on specific vehiclesGenerally speaking, small hybrid cars can get excellent gas mileage, sometimes as much as 50 miles per gallon.

and she wants a larger car. A hybrid CUV , often called a crossover, still gets great gas mileage and could meet everything on Tara's wish list. —Choosing a car and negotiating the sales price is just the first expense. Tara will also need to account for sales tax, registration fees, dealer fees and other extras. Once Tara owns the car, she will also need to pay for insurance, gas, maintenance, and parking, as she lives in a city.

Used cars on the other hand typically depreciate at a slower rate at first, and a well maintained car can last well past 100k miles. Buying used allows you to get more for your money because someone else has incurred the initial depreciation. But there are drawbacks to buying used too: Because of the current new car shortage, there is also a higher than normal demand for used cars right now, making it more difficult than ever to negotiate a great deal.Consider losing the sunroof.

All the extra bells and whistles will drive up the price. Going with the base model of whatever vehicle you choose could help keep the price lower.

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