before you buy a car

Are You Ready to Own a Car?

Owning a car is exciting, but it's also a major expense. You not only have to have enough money to buy it, but also to cover ongoing expenses like fuel, maintenance, and insurance. How can you tell if you're financially ready to buy a car?

1. Decide what type of car will best meet your needs.
2. Take a look at your personal budget.
3. Check how much money you have in savings.

ALL of these actions can help you determine if you're prepared to own a car. They will help you decide if you can afford to buy a car -- and how much car you can afford to buy.