Congratulations on your decision to buy a car. Thanks to the stiff competition among dealers and car makers you have more options now than ever before. But before you head over to the showroom and purchase your first automobile, there are a few things you need to bear in mind.
1. Set a Budget
Your budget should be based on what you can afford to pay every month. To make things simple, calculate how much you spend on food, insurance, mortgage and other necessities and find out how much money you’ll have left which can be used to pay for your new car. When calculating car payment, don’t forget to make allowances for repair, maintenance and fuel.