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Things To Know When Buying A New Car Apr 2026

: Aim to put 20% down , finance for no more than 4 years , and keep total monthly vehicle costs (payment plus insurance) under 10% of your gross monthly income.

Getting pre-approved for a loan is a "power move" that puts you in control. things to know when buying a new car

: Compare rates from outside sources like Scott Credit Union or other local banks and credit unions before visiting the dealer. : Aim to put 20% down , finance

: Review your credit score and report before applying anywhere. : Aim to put 20% down