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How to save money as a first-time car buyer

How to save money as a first-time car buyer

As a first-time car buyer, you’ll want the best vehicle for the money. Here are some tried and tested ways to save on your new wheels.

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Did you know that people in the United States spend about an hour driving each day? Work and school commutes require a reliable vehicle that won’t break down after driving 30 miles. If you’re a first-time car buyer, a few strategies can help you save and find the vehicle of your dreams. Keep reading to discover the most effective savings tips to help you prepare for and afford car prices.

Know What You Need

One of the best places to start when you’re a first-time car buyer is with your preferences. Take time to establish a realistic budget for your vehicle. Some expenses could involve title loans reviews, maintenance, and license plate fees. Each state has specific requirements for getting a new car, but you can discuss these needs with a car sales rep.

It’s helpful to consider the climate you live in. For example, if you live in the northern states or the mountains, you’ll want something with 4WD or AWD. However, people living in larger cities are better off getting smaller vehicles that won’t eat at your gas mileage.

Hide Your Cards

Credit and debit cards can be dangerous, especially when you can order things with a click of a button. You should disconnect your cards from your cell phone and computer to save money for a new car. Some people place their cards in a folder or drawer, so it’s not as easily accessible. If you decide to freeze your cards in the freezer, put them in a ziplock bag before turning them to ice! Using your cards in certain scenarios is okay, but putting them aside will prevent you from making frivolous purchases.

Work Part-Time

Whether you’re a student or already working part-time, you should consider picking up another job. Part-time jobs are typically low-stress, especially if you’re working in an environment, you enjoy. For example, if you enjoy coffee, you can get a job at a local coffee shop to make money for the car and save on coffee. This creates double savings if you can land a job at a business you purchase from.

Always monitor your emotional and physical well-being when you take on other roles. If working part-time proves to be overwhelming for you, take a step back. There are plenty of side gigs and hustles that can make you money without as much commitment.

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