Sunday, March 15, 2020

8 Tips For Saving Money For A New Car Down Payment

Buying a new car can be a major expense for most people. Quite often you will need to save up a down payment to put towards the cost to qualify for financing. If your “bucket of bolts” is on its last leg, here are some great tips on how to save money to help buy a new car.



Tip #1: Create a New Car Budget


Before you know how much you need to save, you need to know how much you plan on spending on a new car. While that new car smell can be great, a quality used vehicle will cost less and not require as much of a down payment.

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