How Much?

Now the question is how much car can you afford. I am not going to be your accountant and do your budget for you but I will tell you some factors that come into play when figuring how much car you can afford! I recommend doing a personal budget if you are planning on financing or leasing. If your not sure how to do one then just Google search personal budget and you will find tons of helpful information. If your planning on financing see below.

Things to consider if your paying cash.

 - How much are taxes, tags, and fees going to cost you in your state?( All 50 states DMV links)

-Are there any unexpected dealer fees?(ask what their fees are when your getting your free quotes from Edmunds.com ,UsedCars.com, Automotive.com , Yahoo! Autos , InvoiceDealers.com )

-If you are trading a car in, is there a payoff on that car?

-Is there a difference in insurance cost you will have to pay?

**Also in most states if you are paying $10,000 or more in cash you will have to fill out a form for the IRS explaining where the money came from.

Cash buyers also think of this. If you can invest your money how much of a return would you get on it.? 9%,10% ? Now how much interest would you pay on a loan? 5%, 6%, 7%? So it may be better for you to get a loan for your purchase and invest the cash where you will make a few bucks. A great place to invest through is Easy-Forex Trading!
Go to Driverloans.com and Automotive.com   NOW and request a loan quote and see if would be smarter to invest your cash and take the loan!

Things to consider if you are financing. (Make sure to go to our Financing Section.)

-What monthly payment you can afford?(Once you know how much payment you can get an idea of how much car from one of these great sites. InvoiceDealers.com, Edmunds.com ,UsedCars.com , Automotive.com ,  Yahoo! Autos )

-How long do you want to have your loan for?(I think if your financing under $20,000 do not go more than 66 months, above $20,000 if you need to go out to 72 months. I would always be extremely cautious and warned going beyond 72 months on a car.)

-Will you be putting money down on the car?

-Do you have a trade and what is it worth roughly vs. what you owe?(check our Trade In Section for more tips on this.)

-Do you plan on financing your taxes, tags, fees etc. in with your purchase?

-What is insurance going to cost you? (keep in mind that since you are taking out a loan full coverage will probably be required and check to see what lenders deductable limits are.)(Insurance Section)

-Is an extended warranty a good idea and what is that going to cost you per month? (Find out more in our Extended Warranty Section)

-How much is GAP Insurance going to cost you? ( you need this unless you are putting a substantial amount of money down. Click here for our GAP INSURANCE Section)

-Is leasing an option for you?(more in our Leasing Section. )

Now financing buyers, we have those questions out of the way the next thing to think about which is one of the most important is interest rate! There is more about this in our financing section. If you GO to Driverloans.com and/or Automotive.com NOW and fill out an quick loan quote request you will have an answer in just a few moments and then you will also know what the rate you will get is unless the dealer or someone else beats that rate that you will be offered!

Lets see we know if we can buy, and we have figured our budget, factored in some other important information and so now we have a rough idea of how much we can spend. It is time to go to the next step in the process! New Car or Used Car?

                               NEXT to New or Used!
Can You Buy? & How Much?
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Step 1: Decisions                      
Introduction
 Can you Buy & How Much
New Car or Used Car
What Make, Model, Etc.
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