Total vehicle expenses—including insurance, fuel, and maintenance—should ideally stay below 20% of your net monthly income .
Aim to keep your monthly new car payment under 15% of your monthly take-home pay . how to research buying a new car
Before looking at models, establish your total cost of ownership, not just the monthly payment. Total vehicle expenses—including insurance
Obtain a financing offer from a bank or credit union before visiting a dealer. This gives you a baseline interest rate to compare against dealership offers. Edmunds: New Cars, Used Cars, Car Reviews and Pricing establish your total cost of ownership