Quote:
Originally Posted by BMWRacer523
Quote:
Originally Posted by weefmower
20% of net seems high, unless it's inclusive of all transportation expenses (insurance, gas, maintenance, etc).
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as with everything it's simply a guideline. 15% + 5% for expenses maybe a more conservative estimate. |
Agreed. And like other posters, I bought cars above my means earlier in life. It's really not a good idea. Better to err on the side affordability if one is on the fence.