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Can i afford a 30k car

WebIt is never recommended to buy a car that equals your annual income. Most recommendations are that you spend 20-30% of your annual income (conservatively), and no more than 50%. So most people would recommend that you be making at least $200k before you consider a car that costs that much. lainey822 • 4 mo. ago. WebOct 25, 2024 · Student Car Deals. Learners struggling to afford a car in college can look into the deals automakers and dealers offer. Both dealers and automakers offer special …

What income is needed to comfortably buy a car worth $50-60K?

WebDec 7, 2024 · The 10% to 15% rule gives you a general guideline to estimate how much car you can afford ... WebCar for high mile commuter. Annual Mileage: ~30k. Budget: 8k cash or 20k loan (I’d like to avoid interest rates right now but credit is good and I can afford the payment) Location: … homemade dry cleaning fluid https://bexon-search.com

Is 28k for a car okay if I make 60k per year? : r/personalfinance - reddit

WebOct 7, 2024 · Citroen C1. A chic, fun and affordable car, the Citroen C1 is a great choice for your money. With an updated engine, this French city car has more motorway cruising … WebDec 8, 2024 · Use a reverse auto loan calculator if you have a specific monthly payment in mind. Say you have decided that you can afford to spend $350 a month on car. Depending on the interest rate and length ... WebHow much of a down payment should you make on a car? A down payment between 10 to 20 percent of the vehicle price is the general recommendation. But if you can afford a … hinds community college phlebotomy program

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Can i afford a 30k car

How Much Car Can I Afford Based on My Salary? Finder Canada

Web320k in brokerage 100k in HYSA 120k in stock portfolio Owned home with my sister worth ~450k COL: about ~30k a year for bills/food/car and home insurance I make enough doing side hustles right now to pay about 85-90% of my COL (taking out of HYSA as I need it, but that is very little.) Being realistic. Do I need to find a job?

Can i afford a 30k car

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WebJan 8, 2024 · If we calculate 15% of that take-home pay, we end up at $5,830.35 or car payments of $485.86 per month. If you want the best car you can afford at that salary, … WebThe monthly payment on a $60,000 car loan will depend on several factors including the interest rate, the loan term, and any additional fees or charges. Based on a 60-month …

WebIf you really want the car then yes you can afford it. Is it a sound investment? No. Will you enjoy it? Yes. Basically you just need to break down whether the immediate satisfaction is worth it, or if you would rather use that money to acquire much more money in the long run. Laser45 • 7 yr. ago WebApr 14, 2024 · Doing a podcast is very cheap, we don’t even have guests because we can’t afford them. "We’ve kept it going throughout Covid . I think people appreciated that, …

WebSep 8, 2024 · What car can I afford with $30K salary? OUR ADVICE Shop for cars under $13,500>> Your monthly car payment: Up to $333 Your down payment: $2,700 Best cars to buy on a $30,000 salary Toyota Corolla Honda Civic Mazda3 Ford Fusion Best SUVs to buy on a $30,000 salary Honda CR-V Toyota RAV-4 Hyundai Tucson Nissan Rogue WebYou should spend about half of your salary that you make in a year, on a car. Eg. You make 30K per year. Buy a $15K car that you'll have for a few years. If you make $200K, buying a model s/x might be right up your alley 2 level 1 · 8 yr. ago Model 3 will be a great car. Yes it is the "mass market" tesla but its not gonna be a toyota camry.

WebA base RAV4 is going to be over $30k OTD. It’s a great vehicle and the base trim is enough for just about any utilitarian need, but it’s still mind boggling. There’s very little that even exists under $30k OTD new. cadublin • 4 hr. ago I feel most people can't afford $48k cars. Are people too leveraged on car loans or am I out of touch here? 16

Oct 3, 2024 · homemade dry dog food recipes for small dogsWebApr 12, 2024 · An individual should use their budget as the primary factor when beginning an apartment search and should look into apartments costing no more than 30-35% of their total income; this means that in this scenario, rent should not exceed $17.5K … homemade dry cured bacon recipeWebApr 4, 2024 · Because it’s recommended you spend no more than 10% to 15% of your monthly after-tax income on your car payment, your monthly payment will significantly … homemade dry flea shampoo for catsWebSep 24, 2024 · The average transaction price for a new vehicle in the United States is around $35,000. But there remain plenty of compelling new-car possibilities out there … hinds community college log inWebWant a quick way to determine how much house you can afford on a $40,000 household income? $60,000? $100,000 or more? Use our mortgage income calculator to examine … hinds community college medgar eversWebDec 8, 2024 · Use a reverse auto loan calculator if you have a specific monthly payment in mind. Say you have decided that you can afford to spend $350 a month on car. … hinds community college newsWebYou're going to pay $30000 for a $20000 car. Not to mention your credit's going to look a little bit weird so you're going to pay higher interest rate. Push your carrying a bunch of negative equity unless you've got a bunch of cash to bring to the deal. Your $700/mo will turn into $550 with a LOT less car to show for it. AgainandBack • 3 hr. ago homemade dryer dry cleaning cloths