Auto Loan Tutorial I

How much car can you afford?

Create your own personal auto budget! Too many people start shopping for a car without knowing how much they can really afford to spend. This tutorial will help you create a budget that will make sure you have enough money to pay for your car—while leaving enough for the other fun things in your life.

Let’s create your budget.

Many adults make the mistake of only thinking about the loan payment. In fact, there are two big things to consider when creating your auto budget. You need a plan to deal with the loan payment and the added expenses of gas, maintenance, repairs and insurance.