Yes, you got your down payment, yes, your credit is good, and you've been looking. But a word of advice: do your research first. It's so easy to buy a car at the spur of the moment because it truly is an exciting task especially for first-timers like your 16-year old son or daughter. And as far as excitement is concerned, there is no age limit to it.
WebCarz is a helpful website that provides an excellent service by providing people like you who are looking for a new car purchase to go through steps which result in better deals. You get a price quote, read reviews, look at car pictures, compare cars, and find out about car specs which are important. You have all the time in the world to do all of this. Imagine going to a showroom of a car dealership. Looking at those gleaming new cars, you can easily be overwhelmed by the sheer number of nice, new cars. Then there is the car salesman who is schooled in the art of pressuring car buyers to buy more than they can afford or getting features that they really don't need.
More New Car Purchase Tips