<prompt> Human: Hi rpersonalfinance, Im looking into buying my first car from a dealership soon. Im 22 with a full time job, bringing in 2400 a month net, with a raise coming next month, bringing my net monthly income between 2550-2700. Im looking to purchasing a car at a dealership thats listed at 34,800. Its a 2012 model year. I want to get the price down to 30,000. My absolute highest I will go is 32,000. I plan to trade in my current car 02 Jaguar X-type and hope to get 4500 for it. I will negotiate that price as well. And Ill also be putting cash down as well, at least 3000. So itll be a round total of 7500 Ill be putting toward the car as a down payment. My questions are, what is the best way to negotiate the price? What should I do before I go the dealership to deal on the car? I should also mention I live in Alberta, Canada and am coming up on having a 4 month credit history. All CC payments were paid in full and on time. Any advice would be appreciated. Please and thank you.  <response>: You shouldnt be buying a car thats 100 of your annual income. 