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Memorial Day is just around the corner. The holiday weekend marks the beginning of summer, and for many Americans it can also be a great time to buy a new car! Dealerships are offering deep discounts and making it easier for car buyers to upgrade to a fancier ride just by stretching out their loan payments.
Financial professional Fred Creutzer talked with WBAL-TV about how to make your car driving dreams a reality and how to avoid veering off deeper into debt.
Tips for Car Shoppers
1. Take advantage of new season sales
2. Figure out how much car you can afford Click here for an affordability calculator
3. Don’t stretch out your loan to upgrade your new car
4. Consider leasing, but make sure it’s right for you