How Much Car SHOULD You Afford?
How Much Car SHOULD You Afford?
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Go ahead, and ask a financial expert this question, and chances are you’re bound to get quite a few answers.
Whether it’s the 10% gross income rule for monthly car payments and expenses or the 25% rule for purchasing a new vehicle, there is no one size fits all answer financial experts can agree on when it comes to how much “Car” you can afford.
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