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One reason is the cost of financing.
The average new-vehicle APR is now 7.3%, Edmunds reported.
The second option can negatively impact your finances for years to come.
A lot of people are doing that now, Frick said, but its really devastating for peoples credit.
Opting for an inexpensive, reliable car will save you money in many ways.
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Takeaway
Finding and working with a financial advisor is a great idea.
A financial advisor will help keep track of your finances and assist you in attaining your financial goals.
Get to know your Financial Advisor options today for Free!
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