Aim to pay at least 20% down , keep the loan term under 4 years , and ensure total monthly car expenses (EMI, fuel, insurance) do not exceed 10% of your income .
Buying from a private seller on sites like Facebook Marketplace can be cheaper, but requires you to secure your own bank financing. how to buy a car with low income
Here is a step-by-step guide to navigating this process responsibly. 1. Assess Your True Affordability Aim to pay at least 20% down ,