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California is one of the most expensive states to own a car, so it’s doubly important that you buy the right car for your money. Here at AutoFoundry, we enable you to compare used cars from multiple dealers, finding the vehicle with the right price, features, and purchasing options. You can communicate with dealers directly through the seller contact form provided, and in some cases, you can get pre-approved for financing from here as well. Truly, it would be difficult to imagine a better way to shop for your next car.

Used Vehicle Budgeting for California Residents

The amount you should dedicate to your next vehicle depends upon your income. Here’s a favorite tip: spend about 30 percent of your yearly salary on a used vehicle. For instance, the average income in California is $50,538, which would equate to a $15,161 car. If you’re financing, don’t spend more than 10% of what you make each month on your car payment, while repaying the loan in the shortest time possible. With an income of $4,212 each month, you’re looking at a payment of $421, at maximum.

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