Hey thanks a bunch for the info. I want to get a base/sports/6MT and im guessing after taxes & ttl id end up spending maybe $34k? (assuming purchase price is $32k + $1600tax @ 5% + $400ttl). I've never bought a new car so those are the only costs i know to factor in lol.

I was planning on putting down $10k-$15k and trade in my honda (probably worth $1.5k). What if i had a co-signer? Do you think that would help my chances of securing a good loan/rate? Finding someone who will do business with me when i have little credit history is proving tougher than i thought lol.

Thanks

Your safest bet for financing is to get pre-approved by walking in to your local credit union and explaining what you're planning on buying. Then you will know the interest rate and payment you can get before you get to the dealership. Usually, for first time buyers, banks won't loan more that 10-15k. So, with 15k down you should find a bank that will loan you the other 18k, but it might not be easy. The car is $30k plus fees around 2k ir 3k depending on your tax rate. The best rates are 5% but as a first time buyer you'll get stuck with 8% interest, most likely at 60 months. You can find a rate calculator online to guesstimate your payment. at 8% payments are $351.00. If the rate is over 12% keep shopping. Also, time on the job is a factor 1+ years on the job, and at least $1500.00 monthly income. Don't fear because $15,000 is a truly impressive down payment. Also, I'm assuming your getting the base model.