1. Calculate What You Can Afford
Use the car loan calculator to the right. Enter the values requested and the totals automatically adjust.
An auto loan calculator gives you an idea of what the monthly payments will be. What is not added into these figures are customary costs that many new car buyers don't add to the monthly payment. Be sure to add estimated insurance payments. Smaller costs such as registration fees and inspection certificates are increasing each year, along with upkeep costs such as oil changes, scheduled maintenances, and unforeseen repair costs.
2. Prepare to Sell Your Car Outright
Know what your car will sell for on the open market, before you approach a salesman.
If you have a used car to trade in or sell,
get a Quote from Junk my Car for a professional offer. An offer in hand gives you a clear advantage over a salesmen who like to tell you that super value he can give on the front end, while squeezing the profits from the back end.
At the very least, you will know an actual cash value of your car with an offer in hand. That is far more valuable a negotiating point instead of walking in with what charts say.
3. Decide the Car for You and
Stay Within Budget
Search around the net. Look at classifieds. Check dealerships, but above all stay within the budget you created above with the car loan calculator.
Wherever you sell a car, you most likely can buy a car, too. AutoTrader offers cars for sale online, too.
Car Loan Calculator
- Get a quote from Junk my Car
- Browse AutoTrader
- Stay Within Budget!