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Buying a car now requires some careful planning.
Here are six money moves boomersshould make before buying a new car.
Instead, a dependable, low-cost car would be the only feasible option, she explained.
Retirement is a time when its extremely difficult to catch up if you fall behind on payments for anything.
Play around with the system when you take a test drive.
Also, be sure look for vehicles that are easy to get into and out of, Musson stressed.
Youll generally get lower payments for the three years that youre leasing compared to when you buy.
Additionally, this option offers protection in the following scenario, he said.
you could turn it back in and go get something else.
Again, the vehicle is no longer your problem.
This strategy only works with a new vehicle, however, not a used one.
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