Wait! What? I can pay cash for a car?!
Most people don’t realize that cars can be paid for in cash, even when they’re in a pinch for cash. Depending on what you need, you can get a car for as little as a few hundred dollars. It might not be much to look at, but when you need a ride, you need a ride.
Buy used!
Buying new costs more, and most of us don’t have a real need for a new car. If you want to pay cash, and you’re not Bill of Gates variety, buy used. Your new car loses around 11% of its value when you drive it off the lot!
Save up!
As a perfect adult you’re able to anticipate to the very second your need for a newer car. This is, of course, a blatant lie. You may get the dreaded news that your current car will need work worth more than the actual worth of the car, and then you can start saving. We women have an internal clock that tells us when our car is going to kick the bucket. After we realize that we mistakenly understood that clock for a milkshake craving, we realize that we can plan in advance for future car purchases as a regular part of our budgets. I used to think that planning for emergencies wasn’t a good use of money because it was wasting the money on something I wasn’t surely going to need. However, planning or buying for the crisis prevents a lot of money mismanagement because it eliminates the urgency of the now. Save!
For 4 other tips visit YorkChryslerDodgeJeep.com to read the rest of my article there.
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