How Much Car Can I Comfortably Afford?
Go ahead and ask a financial expert this question. 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. Chances are you might not be able to afford the car …