Top 5 Tips for Purchasing a Car

It is incredibly exciting when you have decided to purchase a car, because there is nothing better than going on a drive with loved ones or taking a road trip with friends. Moreover, you don’t have to depend on public transport anymore while going to work! Before you go ahead and buy the vehicle, take a look at these tips:

Ideally, you should assign about 20% of your monthly income for all vehicles in the household, which includes operational costs such as fees for gasoline and car insurance payments, along with monthly loan amounts that need to be cleared. Don’t choose a model that you can’t afford – car payments cutting into your other expenditures isn’t a pleasant situation.