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Smart Driver Weekly

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How to Find a Monthly Car Payment That Fits Your Budget

Start with the total price, not just the monthly number When you begin looking at new vehicles, it is easy to focus on the monthly payment alone. A low monthly number can feel manageable, but it might hide a longer loan term or a higher overall cost. The smarter approach is to start with the total vehicle price and work backward. That means looking at the manufacturer’s suggested retail price, any dealer add-ons, and the fees that get bundled into the loan. Once you have a

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