Assess your old vehicle.
Knowing the value of your old car and trading it for a newer one is worth the time. You can go to the kelly blue book and see what your car is worth there that way it will help you to determine what the trade in value would be, or just putting it on craigslist for sale. If you are doing a trade in value, go to many dealerships to see what they are willing to offer you.
Budgeting
Knowing how much you have on hand or how much you qualify for is a good start. Do not go around your budget and think you can afford something alot more then what you have present. You will lose your car and end up owing the loan back, making your credit drop drastically.
Shop
Shop for a fuel efficent car. whether you are close to your home,school, or work, it will save you a ton of money in this economy. There are many cars that are very reliable when it comes to fuel efficiency. Take your time and go to the dealerships and ask many questions.
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