How much you should spend on a car based on your salary 2024?
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Studied at the University of Barcelona, Lives in Barcelona, Spain.
According to the 36% rule, it isn't wise to spend more than 36% of your income on loan payments, including car payments. Another rule of thumb says that drivers should spend no more than 15% of their monthly take-home pay on car expenses.May 5, 2016
2023-06-21 10:01:58
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Julian Morris
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According to the 36% rule, it isn't wise to spend more than 36% of your income on loan payments, including car payments. Another rule of thumb says that drivers should spend no more than 15% of their monthly take-home pay on car expenses.May 5, 2016