It’s well known that purchasing a brand new car is a poor investment. They will cost you thousands, and the minute you get home, they depreciate by 15-20%. What kind of money do you need to commit to a used car or truck? To be conservative, you could set aside only 10% of the amount you make annually toward getting a cheap used car. For the average Arkansas car shopper who earns $34,118 annually, this is $3,412. Of course, you want to find a car that has been kept up well, and has a good reputation for reliability. Consumer Reports is a fantastic reference when it comes to which used cars are the best, and you can look at the Kelley Blue Book (KBB.com) to see Arkansas used car prices.