Subscribe to Entrepreneur for $5

Let's Make A Deal

Get more car for less money.

This story appears in the January 1999 issue of Business Start-Ups magazine.

They'll laugh at you if you pull up to that crucial meeting in a dusty, dinged 1983 Junkmobile. At least that's a big concern on the minds of cash-strapped start-up entrepreneurs.

Your other big worry is paying for the gleaming new wheels you covet, especially with the average new car now selling for around $20,000. Put 10 percent down, finance that car over five years and you're looking at a monthly bill of upwards of $350--and that's for the "average" car. Head into BMW territory, and your monthly will near $500. But that's if you buy. Today, about one in three new vehicles moves off a dealer's lot on a lease.

Continue reading this article - and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.

Entrepreneur Editors' Picks