5 Steps to Financing Your First Car

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  • เผยแพร่เมื่อ 1 มิ.ย. 2024
  • Congrats on the new job! Or the promotion! Or whatever’s changed in your life where you can finally trade in your old car and get behind the wheel of something newer, shinier, and more advanced. But if that also means you're financing a car for the first time, it can be a little intimidating. How do you get a good interest rate? Will the credit check be in your favor? And what else should you think about with that monthly payment? If you’re confused or worried, don’t be. Desola Balogun is here to help you navigate the world of car finance for you first-timers. And you know what? It turns out that, with a little planning, it’s not hard at all.
    Read our full article here: www.carmax.com/artices/first-...
    Chapter Breaks
    00:00 Intro
    00:47 The 5 Steps
    01:25 Credit
    3:00 Finding The Right Car
    03:55 Budgeting
    04:55 Reliability
    06:27 Insurance
    07:05 Conclusion
    For the latest used car shopping tips and advice, subscribe here: th-cam.com/users/carmax?s...
    Visit us! www.carmax.com.
    #carfinance #carbuying #firsttimebuyer
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ความคิดเห็น • 16

  • @CarMax
    @CarMax  ปีที่แล้ว +5

    By being careful, and with a little planning, you can live the dream of financing your first car.
    Read our full article here: www.carmax.com/artices/first-time-car-buyer

  • @Mr_Banker222
    @Mr_Banker222 ปีที่แล้ว +4

    Bought my Lexus last year! couldn't have be more happier.. Thanks CarMax!

  • @R6Gonzo_
    @R6Gonzo_ 4 หลายเดือนก่อน +3

    5k a month is 31$ an hour so basically have a top tier job then buy a car

    • @ammarisrar2005
      @ammarisrar2005 3 หลายเดือนก่อน

      since when are you paying $5k a month for car payments? is your credit that bad?

    • @Blujay188
      @Blujay188 2 หลายเดือนก่อน

      @@ammarisrar2005 no, he's saying have a top tier job then buy a car

  • @kingjay3301
    @kingjay3301 ปีที่แล้ว +1

    You want to lease a car like old faithful 😐😐😐😐

  • @willb3636
    @willb3636 ปีที่แล้ว +10

    If you want to be poor for your whole life, finance a car. If you want to be wealthy, only buy cars within your means with cash.

    • @deutschlander2004
      @deutschlander2004 ปีที่แล้ว +8

      thats so not true lol

    • @ravenspe
      @ravenspe ปีที่แล้ว +1

      ​@@deutschlander2004 It's a simple money saving concept. If you're financing something, you'll pay more money for the same thing vs paying cash.

    • @tyler238
      @tyler238 ปีที่แล้ว +6

      Oh Yeahh bro.. you’ll get soooo wealthy buying cash 🤦🏾‍♂️
      If you’re credit is worth a shit you may only actually pay a extra couple grand

    • @tyler238
      @tyler238 ปีที่แล้ว

      @@deutschlander2004exactly lmao

    • @ravenspe
      @ravenspe ปีที่แล้ว +1

      @@tyler238 A few grand here, a few grand there. Why would anyone in their right mind waste several thousand dollars? 😂 I'm not surprised how many are struggling when this comment section is literally promoting wasteful spending. 🤦

  • @nigello4125
    @nigello4125 7 วันที่ผ่านมา

    Bro zesty ash