Ensure your car payment alone does not exceed 15% of your monthly take-home pay .
Put 20% down , finance for no more than 4 years , and keep total monthly vehicle expenses (payment, insurance, fuel) under 10% of your gross income . best way to buy first car
Remember to budget for sales tax, title, registration fees, and a "maintenance fund" of roughly $50–$100 per month for unexpected repairs. 2. Choose Between New and Used Ensure your car payment alone does not exceed