Top 10 tips for first-time car buyers

POSTED: 3:53 PM Jan 23 2012   UPDATED: 5:09 PM Jan 23 2012

If you're shopping for your first car, here are a few tips from Kelley Blue Book on what to buy, how to buy it and where to buy it.

car financing loan application form
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"If you're financing, figure $25/month for every thousand dollars that you borrow for 48 months, and $20/month on 60-month financing. It follows that every $10K borrowed is $250/month for four years, and $200/month for five."

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