of your monthly income (maximum) spent on all transportation costs (payment + insurance + gas).

The easiest way to lower a payment is to borrow less. Look for reliable, budget-friendly models known for holding their value without the premium price tag:

Spreading a loan over 72 or 84 months will give you a tiny monthly payment, but you’ll pay significantly more in interest and risk being "upside down" (owing more than the car is worth). Aim for as a sweet spot between affordability and long-term cost. 5. Consider Leasing