Today, I want to talk about the smartest way of buying a car, whether being your second or your first car. So this could also work if you are buying a house. But for the purpose of today's information, let's talk about a car. So, obviously in most cases, you only plan to buy a car months back. Not when you are at a car dealership or let me say a car seller.
Remember, most importantly, please do make sure that you take as much time as you need in order for you to make the right decision about the type and the make of the car that you want to buy. Make sure to do the necessary calculations to check your affordability so that you do not buy a car that you do not afford.
And again, the banks on their website normally have the car calculator, even though they are not accurate. But you can use those calculator on the banks website to estimate your affordability. The best advice I normally give to people is that try to calculate how much you can afford to pay each and every month.
Most importantly, when you do pre-calculations, take into account that you will be paying for the car installment. And again you will be paying for the car insurance and remember, you will be paying for the fuel each and every month.
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