#25 Buying a car the SMART way :) cover art

#25 Buying a car the SMART way :)

#25 Buying a car the SMART way :)

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Ever wonder what to look for when buying a car?  I got the highlights for you. If you would rather read em, here they are below but I go in depth in the episode to really give you the low down on the most important things to look for when financing a vehicle in terms of affordability and financial stability. 


Inside tips car shopping

  • First thing first: CREDIT!! Make sure your credit is in decent standing.
  • let’s talk interest rates. Interest rate target should be 4.99% or lower.
  • Down payment of 20%
  • Financing for no more than 60-72 months depending on the situation. Sometimes the stretched out payments seem like a godsend but it is actually putting you at more risk. There are instances where you need it but most of the time always go for the shorter term.
  • And the biggest question you have to ask yourself is…can you afford it?
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