Buying A Used Car On Minimum Wage -

Take the car to an independent mechanic before signing.

These dealers often have predatory interest rates (20%+). buying a used car on minimum wage

Look for mid-2000s Toyota Corollas, Honda Civics, or Mazda 3s. Take the car to an independent mechanic before signing

A high-mileage car with service records is better than a low-mileage car with none. 💰 Financing & Budgeting The 20/4/10 Rule (Modified): Put 20% down. Finance for no more than 4 years. Keep total car costs under 10% of your take-home pay. buying a used car on minimum wage

Buying a used car on minimum wage requires a strategy focused on total cost of ownership, not just the sticker price. 🚗 The "Safe Bet" Strategy

An old BMW is cheap to buy but will bankrupt you in repairs.