Arkansas dealers have plenty of used cars for sale, but how can you find the one you want without spending hours on dealer lots? At AutoFoundry, we have the process down to a science. Search our massive database of Arkansas used cars, then contact the dealer to arrange a test drive via the contact form provided. There’s no better way to compare vehicle prices and features across multiple lots–all from the convenience of your computer, tablet, or smart phone.
Deciding How Much You Should Spend
Your income is the principal basis for how much you should spend on a car. Some finance experts recommend spending just 30-35% of your yearly salary on a car. For example, Arkansas consumers make $34,118 annually, which would be a $10,235-$11,941 car. If possible, don’t spend more than 50%, or $17,059 in this case. If you’re financing, about 10% of your monthly income, at the most, should really be dedicated to your car payment each month. Be wary of stretching your payment term to purchase a more costly vehicle–48 months or less is ideal. If you have a monthly income of $2,843, this is a payment of $284, at the most.
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