A good rule of thumb is to keep your car payment under 15% of your monthly income.

This rule recommends a 20% down payment, a.

As you start down the road to your automotive purchase, you might begin by establishing what kinds of cars best suit the way you live and the features youโ€™ll find most useful.

A helpful guideline for buying your first car is the 20/4/10 rule.

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Consider not just the purchase price, but also ongoing costs like insurance, maintenance, fuel, and registration.

Webย โ€” among the things youโ€™ll need to do is save for a down payment, create a budget and check your credit score.

If you havenโ€™t already started building your credit history, you may have even more challenging obstacles to overcome.

Budget what you can afford.

Webย โ€” whether you are looking for a new or used car as your first car, here are some steps you can take to make a smart and informed decision.

What kind of car is right for me?

Craigslist users have the option of limiting their search to include dealers, private sellers, or both.

Some car salespeople will take advantage of your inexperience.

Find out what affects loan approval.

Research the car you want to buy.

Shutterstock / roman seliutin.

Figure what payment you can live with.

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Webย โ€” welcome to the ultimate guide on navigating the exciting and sometimes overwhelming world of craigslist cars!

Make a list of questions focused on your specific driving needs, similar to the ones below.

Webfirst time car buyer s guide tips for navigating craigslist new hampshire.

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Prepare for the dealership.

The first step is to figure out how much you can afford to spend.

Get loan preapproval and shop rates.