What Car Should I Buy? Here Are 12 Factors to Guide Your Decision
Answering the question, 'what car should i buy' isn't easy. It's confusing and time-consuming.
Don't worry. It's not too painful when you approach it systematically with a plan. Think through these 12 factors before you step on the lot.
Your car payment shouldn't exceed more than 10% of your take-home pay.
Is your vehicle critical to your job or side hustle? If you need it for work, a good car makes even more sense.
2. What are your needs?
The bigger the more expensive. Do you really need big? Plan how big you need to get before you go to the lot..
3. How Big Does It Need To Be?
Gas can get expensive. Look at your current car and see how many miles you're driving per year. If you get a car that burns 520 extra gallons of gas a year, that's an extra $1430 you're spending in just gas.
4. Fuel Economy
There's always going to be a trade-off. Getting more amenities to fit your budget is probably going to require a smaller car. Be practical and get what you need.
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