: Obtain financing from an outside source like a credit union or bank (e.g., Scott Credit Union ) before you shop. This gives you a baseline interest rate to challenge dealer offers. 2. Choose Between New, Used, or CPO

Is buying used actually worth it anymore? 2026 prices are weird

Buying a car in 2026 requires navigating a market where average new car prices have exceeded $50,000. To secure a fair deal, you must shift your focus from monthly payments to the total , which includes all taxes, registration, and dealer fees. 1. Establish Your Financial Foundation

In 2026, the gap between new and slightly used cars has narrowed due to high resale values and aggressive new-car incentives.

: Some financial institutions suggest a stricter 3-year term and keeping costs at 8% of monthly income .

: Experts recommend putting at least 20% down , financing for no more than 4 years , and keeping total monthly costs (payment + insurance) under 10% of your gross income .

Before visiting a dealership, determine your "true" budget to avoid overextending yourself.