Buyer Guide

If you prefer modern automobiles, drive within mileage restrictions, and desire cheaper monthly payments, leasing can be a wise choice. However, buying is usually preferable in the long run. With a lease, no equity is created. Purchasing a car now will save more money later if you want to keep it for years.

The 30-60-90 rule describes the milestones for auto maintenance. Replace the filters and fluids after 30,000 miles. Check the belts, battery, and brakes at 60,000. Check the suspension and timing belt at 90,000. By taking these precautions, you can avoid expensive repairs and maintain the long-term smooth operation of your vehicle.

Yes, especially for used cars, $2,000 is a good starting point. Aim for a 10–20% down payment on new cars, so $2,000 will cover a $10,000–$20,000 car. A larger down payment reduces your interest and monthly expenses. You will ultimately pay less if you contribute more.

Always have the car inspected by a reliable mechanic and obtain a history report. Verify service records, mileage, and title status. To prevent overspending, compare costs online. Don't hurry. Test drive it under various circumstances. Follow your spending plan and leave if anything doesn't feel right.

Financing, trade-in values, and extended warranties are ways that many used automobile dealers conceal profits. Some people fix autos that have hidden problems. Always be aware of your credit score, shop around, and check your Carfax. Your bank's preapproval offers you leverage. Avoid being fooled by pressure or "limited-time" offers.