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Car Cost checklist

16 steps to buy, finance and run a car for less.

Track your progress with a free accountGet the free Car Cost Workbook

Buying

Before you shop.

  • Set a monthly budget for all car costs Guide
  • Compare total cost of ownership for two models Guide
  • Ask for the out-the-door price in writing Guide
  • Get an independent inspection for a used car Guide

Auto loans

Before you sign.

  • Get preapproved by a bank or credit union Guide
  • Compare total interest on two loan lengths Guide
  • Ask the price of each add-on separately Guide
  • Read every line of the contract Guide

Running costs

Every year.

  • Get three insurance quotes Guide
  • Follow the manual's maintenance schedule Guide
  • Check tire pressure monthly Guide
  • Set aside money for tires and brakes Guide

Spend less

Ongoing.

  • Keep paying your old car payment into savings Guide
  • Check your VIN for open recalls Guide
  • Look up your car's value from two sources Guide
  • Negotiate the trade-in separately Guide