4 Save Money Tips When Buying a Car

Sony's Vision-S prototype car is photographed at the company's headquarters in Tokyo, Japan on March 4, 2022. BEHROUZ MEHRI/AFP via Getty Images

Buying a car is a major decision–and a costly one, too. On average, most Americans spend ten percent of their monthly income paying for transportation. For most of us, this expense comes in the form of a monthly car payment. However, if you play your cards right, you can drive out of the dealership with a car that does not break your budget.

Here are four great tips that can help you save money the next time you have to buy a new car.

Research Your Car and Be Patient

Before you set out for the dealership, or start searching Craigslist, take time to determine the exact type of car you want for your particular lifestyle. The Internet, like so many other things, can provide you a plethora of information on automobiles.