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Wouldn’t you like to buy a good used car for less than five figures? We usually think of cars of $3500-$7500 as cheap. Whatever you consider cheap, we can typically help you find a good car that doesn’t cost a fortune. When you’ve found 1-2 cars that interest you, just contact the dealers to them you’re interested.

For a car that really is cheap, dedicate just one-fifth of your annual income. If you are making $30,910 per year–the average in Laguna Beach–this would be a car or truck costing around $6,182. The majority of loan companies don’t offer loans of less than $7500, so financing probably won’t be possible.

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