If I Buy A Car -
Account for depreciation, maintenance, insurance, registration, and fuel, not just the monthly loan payment.
A common benchmark is to put at least 20% down, finance for no more than 4 years, and ensure total monthly transport costs (payment, insurance, gas) are under 10% of your monthly income. if i buy a car
In daylight, check for uneven tyre wear, body rust, panel gaps, and signs of flood damage. Ensure all lights and electrics work. Account for depreciation
Before looking at cars, define your financial constraints to ensure a sustainable purchase. check for uneven tyre wear
Drive at various speeds and listen for unusual noises. 3. The Purchase Process
