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Why spend big money on a brand new car, when you can buy a used car or truck for thousands less? Below we have today’s lowest priced used cars for sale, and there’s a good chance you’ll find a used vehicle that suits your needs and budget. Don’t forget to get hold of the seller after you find a car you want.

What percentage of your income should be spent? No more than one-fifth of your yearly salary. If you’re making $23,624 per year–the average in Portland–this would be a $4,725 car. For the most part, loan companies don’t finance cars more than 10 years old, though some are known to finance any car so long as it’s of greater value than the loan.

Financing Your Purchase

Often, it can be hard to cough up the cash for an outright purchase, even of a low-priced pre-owned vehicle. In such an event, you might want to consider having your purchase financed. A service such as Portland Auto Finance (website) can match you with a local finance specialist willing to pre-approve your credit. Perfect credit is not necessary–there are options for consumers all across the credit spectrum.

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