Buying a car is a major purchase, and there are several ways to go about it. The most economical option is to buy it with cash, but if you don't have the funds, you can use a credit card or take out a personal loan. Before you start shopping, make sure you know what you can afford and be prepared to negotiate. When it comes to financing, try to get the best deal possible.
Start with an unrealistic offer and work your way back. Car dealers often offer attractive monthly payments, but make sure you read the fine print. If the payment is attached to a 72-month loan, it's not as good of a deal as it seems. Before you commit to buying a car, test drive it first.
Comfort should be your top priority when driving, so if you don't feel comfortable in the car, don't buy it. If you're buying used, consider getting a certified pre-owned (CPO) vehicle. CPO cars have low mileage and no history of serious accidents, and they come with an original manufacturer's warranty.
