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I wouldn't suggest financing a used car because you'll probably be paying a higher interest rate if you were to go through the bank or through the dealership. If you really want to finance a car, you can wait for dealerships to have promotions where they offer really low interest rates (e.g. 0% or 0.9%). Keep in mind though the huge depreciation of a new car during its first few years. When deciding on how much your willing to pay each month, factor in how much you'll be paying for insurance, gas, and maintenance. Since your young, I recommend you put aside a decent amount of your income either for spending or saving. Speaking from personal experience, it sucks penny pinching and not being able to either save money or spend money for years because it all goes towards your car.
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