In last week’s blog, How to Buy a Car: How Much Should I Spend on a Car? Part I, we discussed a couple of methods for determining how much you can afford to spend each month.
But that wasn’t the whole picture.
Focusing too much on your monthly payment is not a good idea. The only people who think it’s a good idea to decide if you can afford a car based only on the monthly payment are unscrupulous salespeople.
Getting you to tell them how much you can pay per month is their number one job, in fact.…