Trying to find a good used car that’s cheap? Ordinarily, we think of cars and trucks less than $10,000 as cheap, or $5000. However you define cheap, we can often find you a good solid car that doesn’t cost a fortune. It’s easy to get hold of the seller once you locate a car or truck that fits the bill. The average income per person in Seattle is $24,584, and many financial advisors recommend investing just one-fifth of this for a car or truck–in this case, $4,917. The dealer might be able to line up a car loan for you, in case you’d prefer not to pay cash. At the minimum, however, a down payment of 10% is typically required: $491 in our example scenario.
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