Congratulations, college graduates! You're all set to enter the job market, but do you have what it takes to get to and from interviews or work? It might be time to move on from worn-out, hand-me-down vehicles for your fresh start in life.
"Safety ratings and affordability are important considerations when it comes to purchasing a vehicle, but you should also know that you'll need to budget for additional costs in your monthly expenses once you become an owner," says Jack R. Nerad, author of
The Complete Idiot's Guide to Buying or Leasing a Car.
Buying a car doesn't have to break the bank, and grads should factor insurance, fuel and maintenance costs into their purchase decision.
