Being a good first-time car buyer isn't easy, but if it's worth doing — and it is — it's worth doing well. To that end, we've come up with some tips to help with the process. First, a little history: Car buying began in parallel with the first car sold.
So, when you’ve got your eye set on a used Hyundai Elantra or Nissan Versa — two solid-value choices for the first-time car buyer — you can make your purchase more confidently, and with less worry about paying for it.
But when you’re a first-time car buyer, it’s critical to understand how much car you can afford and what an estimated monthly payment could look like. Finance calculators can help you do that and so much more. Auto finance – knowledge is your ally. If you are like most first-time car buyers, this is your first major purchase.
First Time Car Buyer . Are you ready to purchase your first vehicle and preparing to apply for auto financing? Enterprise Car Sales is here to help! Even if you don’t have perfect credit, or this is your first time financing a vehicle, Enterprise Auto Finance™ may have financing options to fit your needs.
Edmunds.com is offers helpful tips and advice for First-Time New-Car Buyers, guiding them step by step through the car shopping process.
In some cases there will be a minimum down payment requirement on a car loan for a first-time buyer. Money down shows the lender the applicant is committed to the deal. It will also reduce the loan amount and may save you money in interest charges over the life of the loan.
CARS.COM — Buying and owning a car for the first time is an exciting rite of passage for young drivers, but the first years of owning a car can be full of lessons learned the hard way.
Many first time car buyers have trouble getting a car loan because they don't have any sort of credit history. Sometimes it's harder to get a car loan than a home mortgage! If you stop paying your mortgage, the lender knows where the house is and can easily repossess it.
Do not attempt to buy a car until you have read this entire chapter and use the links we provide to our other helpful chapters. The are many, many pitfalls when buying a new car, and if you are a first time buyer, the process becomes even more challenging.
Which Used Cars are Best for First Time Buyers? Each person’s idea of a perfect used first car will differ. Some people get their first car at the age of 16, likely as a gift from their parents.