I Israel T New member Dec 9, 2009 #1 I got a car loan to buy a new car, it would be my first car and i really need to get one. Is it a good idea to take a car loan for your first car??
I got a car loan to buy a new car, it would be my first car and i really need to get one. Is it a good idea to take a car loan for your first car??
S scuba steve New member Dec 9, 2009 #2 It depends on how expensive the monthly payment is and what your income is. You do not want the monthly payment to be more than 20% of your monthly income.
It depends on how expensive the monthly payment is and what your income is. You do not want the monthly payment to be more than 20% of your monthly income.
