You may be able to buy a car with no down payment, but you'll want to weigh the pros and cons.
Car Ownership:Car owners can have the car as long as they want, whereas leasers must return the car to the dealership on the agreed upon date. Initial costs:When purchasing a car, buyers must provide the cash price or down payment, taxes and registration. Leasers typically only need a refu...
The 20/4/10 rule recommends putting at least 20% down on a vehicle. You can always consider a higher down payment — especially if your credit isn’t stellar. The more you pay up front, the less you’ll need to cover with a loan and the less you’re going to pay monthly. If you...
Leasing means you might get a more upscale car for your money as they often come with lower down payment requirements and a more affordable monthly payment. But you won’t own the car outright. Plus, you’ll need to look out for costly lease terms, such as mileage restrictions and wear-...
Thinking of buying a used car from a private seller? Read through the pros and cons associated with the process before making a final decision.
purchase:buy a car;to acquire by exchange or concession; to bribe:to buy votes;to accept or believe:I don’t buy that story. Not to be confused with: by– next to; close to; a house by the sea; through the authority of:a study by the EPA;according to:a lousy movie by anyone’...
The insurance essentials of buying a car in Canada With the car of your dreams almost in your driveway, it's time to wrap your head around car insurance. Let's break down everything you need to know about insurance to make sure your new vehicle is protected from the moment you step in...
Expert car buying tips on how to buy a car like a pro. Never pay retail with the Free new and used car buying guide. The fastest way to get the biggest discount is...
If you didn’t mention the trade-in at all, you might be able to negotiate your price down to $18,000 first. Then, when you tell them about the trade-in, you have another $1,000 to play with. This allows you to get the car for $17,000. ...
Buying a car means that you own it outright and build equity in the vehicle with monthly payments (if you finance the purchase). The benefits of leasing usually include a lower up-front cost, lower monthly payments compared to buying, and no resale hassle. ...