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Car dealerships are not picky: they offer plenty of payment options to their customers – because their ultimate goal is to sell a car. However, if you are like most Canadian car buyer’s, then you will probably end up financing your next vehicle, which is arguably the easiest way to actually buy a car, especially a new one.
Yet agreeing to finance a vehicle is the kind of commitment you may be hard-pressed to get out of, as industry experts warn Canadian consumers on the dangers of increasing car loan debt. So, before you decide to borrow someone’s money for this endeavour, make sure you know what factors will determine your payments and what your monthly amounts will be. This will ensure you are not continuously over-budget when making those payments. And if you want to save even more money on a new-car purchase, read this article to make sure you don’t pay more for your new car than you should.
But, if you’re not sure how to do that, worry not – we have a few tips to help you along… READ MORE
Continue reading How to make sure your monthly car payment isn’t over your budget
How to make sure your monthly car payment isn’t over your budget originally appeared on Autoblog Canada on Mon, 08 Sep 2014 17:00:00 EST. Please see our terms for use of feeds.
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