How much can I borrow for a car loan?

It’s time to buy a new set of wheels. But before you can start taking different models for a test drive, you need to know what your maximum budget is. And because a car is an expensive purchase, that typically means figuring out how much a lender will be prepared to loan you.

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Stephanie Napier
Should I Pay Cash Or Finance My Car?

Buying a new car can be overwhelming, and there’s way more to this process than just picking the right paint colour. For example, you need to decide if you’re going to pay cash for your car or finance it. If you’re having a hard time choosing between these two options, the pros and cons of each are broken down below. This information can help you make the right choice for your needs.

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