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Wouldn’t it be great to shop for your next car before you ever hit the dealer lot? Here at AutoFoundry, we make this a reality, enabling you to sort through an extensive selection of cars currently available on dealer lots in your part of Florida. Locate the car you want, then notify the dealer of your interest. If you need to finance this purchase, you may want to ask them how much your monthly payments would be.

You can easily spend too much on a car–please don’t! Typically, you should spend around a third of your yearly salary on a used vehicle. To give an example, Florida consumers earn $39,746 per year, which means a car costing $11,924. The maximum percentage you should spend is 50%, or $19,873 in this example. If you intend to finance this vehicle, no more than 10% of your monthly income ought to be spent on a car payment each month. Be wary of stretching out your repayment period to pay for a pricier vehicle. With an income of $3,312 each month, you’re looking at a payment of $331, at most.

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