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Wouldn’t it be nice to know if Newark’s dealers have any vehicles that appeal to your interest before you pay them a visit? At AutoFoundry, we give you unmatched access to the real-time listings of dealers in Newark and surrounding areas. Once you’ve found the car you really like, reach out to the dealer directly and schedule an appointment to see it. If you don’t have the cash on hand to buy this vehicle outright, there’s a fairly good chance that financing will be available. You can easily invest too much in a car–please don’t! Here is a good rule: spend just 20-30 percent of your yearly salary on a used vehicle. So, if you make $69,350 a year, the average in Newark, you should buy a car costing approximately $20,805 to $24,273. The maximum percentage you should spend is 50%, or $34,675 in this example. If you plan to finance your new car or truck, it’s best if you don’t spend more than 10% of your monthly budget on your car payment, while going with the shortest repayment period possible. If you make $5,779 per month, this would be a maximum payment of $578.

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