There is really no size fits all for purchasing a vehicle it all comes down to what you can afford in your budget and that means after all your bills are paid and the essentials are taken care of in your home.
One way to cut down your spending when you’re trying to buy a new or used car with bad credit is to only buy what you can in cash, don’t use your credit card.
Work out a budget for a used car in Washington DC
If you have a high interest card that you’re trying to pay off put all your money towards that card. Do the 80/20 rule for a while until your card is paid down to where you like it.
The 80/20 rule means you use 80% of your income each week to pay down the debts and 20% goes to the essentials.
Owning and paying for a car new or used comes down to discipline. Make sure you have a decent down payment to make your monthly car payment comfortable in Washington DC.
When you have bad or poor credit car dealers in Washington DC like to see some effort of a down payment as close to 10% as you can.
Really car buying is just about finding a used car that you can afford to drive and maintain. You don’t need a car that’s going to be a hassle to take care of.
That’s why a lot of people in the Washington DC area like to target used cars because you’re going to see a huge price difference and the price of insurance and overall maintenance is going to be lower.
See if your local Washington DC car dealer can cut the price
Most dealers cut the price on used cars because they have to move them. So at times during the week mostly you might be able to catch a great car loan deal at your local Washington DC car dealership.