Set a budget for the car, including running costs and don't overstretch your finances. 1. Cheaper car - If the monthly repayments on a car look too high, go for a more affordable vehicle. 2. Deposit - Paying a bigger deposit and stretching the repayments over a longer term can significantly reduce the repayments. 3. Low depreciation - Choosing a car that retains its value will also reduce the repayments. 4. Lower mileage - Ensure you focus carefully on your annual mileage – setting a lower mileage will also reduce payments. However, don't set the mileage too low because excess charges can be hefty.