The Lowdown on Buying a New or Used Car with a Lower Monthly Payment

Why Buying a Used Car Can Be a Good Option

Buying a used car can be a great way to get into the market without paying top dollar. With proper research and maintenance, a used car can provide years of reliable service while saving you money on insurance, fuel, and repairs.

Factors to Consider When Buying a Used Car

• Check the car's history using services like Carfax or AutoCheck
• Research the market value of the car using tools like Kelley Blue Book
• Inspect the car for any signs of wear and tear

Here are some strategies to help you get the best deal on a new car without breaking the bank:

1. Shop around and compare prices at different dealerships or online marketplaces
2. Consider purchasing an older model year or a base trim level instead of the highest-end option
3. Look for incentives like low-interest financing, free maintenance packages, or discounts on accessories

Where to Buy a New or Used Car with a Lower Monthly Payment

Here are some options to consider when looking for a new or used car with a lower monthly payment:

• Macy's and Best Buy often offer low-interest financing on new and certified pre-owned vehicles
• Kelly Blue Book has a "Certified Pre-Owned" program that offers rebates on specific models
• Online marketplaces like Craigslist or Facebook Marketplace can be a great resource for finding deals on used cars