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Unless you are without transportation, try saving up to pay cash for a car. You don't have to necessarily get the car of your dreams as cars do not appreciate like homes, but they depreciate. Many people want to get the newest and best cars out there because they are turned on by the newest model. What a waste of money. I recommend to either pay cash for a less expensive car or to at least save up enough for a decent down payment to lower your monthly payments. Try to get as short a loan as possible. Recommend 3 years if you can afford it. There is nothing worse than a car payment in my opinion.
I know, I know, not everyone can afford not to have a car payment, but at least limit the time that you have to pay for one by getting a less expensive car or by saving and paying cash for one.
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I have to exercise in the morning before my brain figures out what I'm doing. ~Marsha Doble
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