: Put 20% down , finance for no more than 4 years , and keep total monthly costs (including insurance) under 10% of your gross income .
Don't let a salesperson tell you what you can afford based on a monthly payment. Dealers often use long loan terms (up to 84 months) to hide a high total price. i want to buy a used car for cheap
: Some experts suggest a stricter 20% down , 3-year term , and 8% of income to minimize interest. : Put 20% down , finance for no