How To Research Buying A New Car May 2026

Total vehicle expenses—including insurance, fuel, and maintenance—should ideally stay below 20% of your net monthly income .

Before looking at models, establish your total cost of ownership, not just the monthly payment. how to research buying a new car

Aim to keep your monthly new car payment under 15% of your monthly take-home pay . Total vehicle expenses—including insurance

Effective research for a new car involves a three-pronged approach: setting a strict financial foundation, narrowing options based on objective data, and conducting strategic in-person evaluations. Experts from Consumer Reports and Kelley Blue Book (KBB) emphasize that the most critical work happens before you ever visit a dealership. 1. Financial Groundwork establish your total cost of ownership