null How to Shop for the Car You Can Afford 

Man examining his new car

You want a new car. But not just any new car — your dream car. The only thing stopping you from going to the dealership, signing the papers and driving off the lot in your new ride is the infamous ‘B’ word — your budget.

While there’s nothing wrong with wanting the finer things in life, purchasing a car that’s aesthetically pleasing AND affordable is always a win-win. So before you begin the car buying process, you should determine a feasible budget that best suits your needs.

Here are a couple of ways you can get started:

  1. Review your current finances.
    Once you’ve evaluated your monthly expenses (i.e. mortgage or rent, utilities, student loans, cable and Internet, etc.), you can determine how much of your residual income can be allocated towards the cost of a new vehicle.

  2. Price out car insurance and other expenses.
    Figuring out a monthly car payment that works for you is only half the battle. When calculating your car expenses, don’t forget to add fuel costs, maintenance and car insurance. Knowing all of this information will help you narrow down your options when shopping for a car.


If you have bad credit or no credit, are currently shopping for a car, and need to get approved for financing, find a Credit Acceptance dealer near you who can help.