If you’re shopping for your first car, you’re probably focused on the fun stuff—color, style, mileage, and features. But before you fall in love with your dream ride, there’s one important question you need to answer:

How much car can you really afford?

At Miramar Car Center, we want you to drive off feeling confident—not overwhelmed. Here’s a simple breakdown to help you figure out what’s realistic for your budget.

💳 1. Start with the Monthly Payment

A good rule of thumb? Your monthly car payment should be no more than 15% of your monthly take-home pay. So if you bring home $3,000 a month, aim for a payment under $450.

Keep in mind: Lower payments often mean longer loan terms, so balance affordability with your long-term goals.

🧾 2. Don’t Forget About the Extras

Car ownership costs more than just the payment. First-time buyers often overlook the following:

  • Insurance (especially higher for new drivers)

  • Fuel costs

  • Maintenance & repairs

  • Registration, title, and taxes

We recommend budgeting another 5–10% of your income for these ongoing expenses.

🏦 3. Know Your Credit Score

Your credit score plays a huge role in what interest rate you’ll get on your auto loan. A higher score = a lower rate = lower payments.

Not sure where your credit stands? We can help you check and explore your financing options on-site—even if you have no credit or are just getting started.

💰 4. Down Payment = Buying Power

The more you can put down, the better. A solid down payment:

  • Lowers your monthly payment

  • Reduces your interest charges

  • Improves your chances of approval

A 10–20% down payment is ideal, but we work with buyers in all situations to make things work.

🚗 5. Choose the Right Vehicle

Once you have a budget in mind, the fun begins. We’ll help you find a reliable, clean-title vehicle that fits your price range—and your lifestyle.

At Miramar Car Center, we specialize in affordable, well-maintained vehicles that give you the most value for your money. Whether it’s a compact car for commuting or an SUV for weekend trips, we’ve got the inventory to match your needs.

✅ Ready to Get Started?

We make it easy for first-time buyers:

  • On-site financing with flexible terms

  • Help with credit challenges

  • Friendly, pressure-free team

  • Huge selection of used cars at honest prices

Buying your first car should be exciting, not stressful.
Let Miramar Car Center guide you through the process—and help you stay in the driver’s seat of your budget.

Stop in today or check out our online inventory!