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Here are five financial factors you should consider when you buy a new car.
Your Budget
Looking at yourbudgethelps determine what you’re free to afford to spend.
Subtract your current debt payments and other obligations from your income sources to find the leftover amount.
If this isnt possible, consider waiting until youre more financially stable.
You should also research reliable, efficient and safe vehicles that help reduce some of these expenses.
Plus, research any promotional vehicle financing programs.
Besides comparing car loan rates, carefully consider term options and different monthly payment amounts.
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