You don’t have to go driving from lot to lot, attempting to find the car you want, when we allow you to view local dealers’ vehicles online. Locate the car or truck you want, then get hold of the seller to arrange a test drive. If you’re planning to purchase this vehicle on credit, you may want to find out if a down payment is likely to be required.
How much should you invest in your next car? Your income is the key factor. Here’s an oft-mentioned rule of thumb among intelligent consumers: spend just 30-35% of your yearly salary on a used vehicle. Suppose you make $30,181 a year, the average among Sheboygan residents–this would be a $9,054 to $10,563 car. The maximum percentage you should spend is 50%, or $15,091 in this example. Should you decide to finance your new car or truck, it’s recommended that you don’t spend more than 10% of your monthly income on your car payment, while repaying the loan as quickly as possible. With an income of $2,515 per month, this is a maximum payment of $252.
Cheap Cars in Sheboygan, WI
A lot of folks in Sheboygan are trying to buy cheap cars, which is a good way to go. Used cars aren’t quite as inexpensive as they used to be, but we can help you track down a good solid car at a price that’s competitive. Generally lenders don’t fund loans under $7500, so you may need to buy this vehicle in cash.