How to buy your first car: Tips for navigating an 'unprecedented' market, according to auto experts

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Ready to buy your first car? Here are some tips to make sure you get the best deal possible — and it doesn't break the budget.

1. Above all else, know your budget

The average monthly car payment is now more than $730, compared to $527 five years ago, according to Edmunds.Interest on your car loan If you don’t absolutely need a car right away, you should wait it out as long as possible.When you add in insurance — which varies from state to state and is higher for younger, less experienced drivers — that will add another $100 or more to the monthly cost.

"With interest rates so high, the one thing you can control is reducing the amount of the loan you get," Yoon said.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités