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Home Auto Loans

How Much Car Can You Really Afford? (By Salary)

by Editor
February 1, 2025
in Auto Loans, Videos
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How Much Car Can You Really Afford? (By Salary)
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How Much Car Can You Afford?

In this video we go over the automotive shopping for guidelines that may make it easier to perceive how a lot automotive you’ll be able to afford.

Edmunds True Cost To Own Calculator:

Calculate + Negotiate a Car Lease Payment Video:

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FREE GUIDES/TEMPLATES:
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Timestamps:
0:00 – Intro
0:30 – Current State of Industry
1:15 – Rule 1: The 35% Rule
2:07 – More Conservative “25%” Rule
3:02 – The 20/4/10 Rule
4:34 – The “4” Years
6:13 – The 10% Rule
7:52 – Buy or Lease?
9:35 – Opportunity Cost
10:15 – Car Saving Tip 1
10:47 – Car Saving Tip 2
11:00 – Car Saving Tip 3
11:36 – Lifestyle Creep

📧 GET IN TOUCH: I’d love to listen to from you! If you have got an extended query, or when you have a enterprise associated inquiry, please then ship me an e-mail at humphreytalks@gmail.com. I strive my greatest to answer to all e-mail however generally I don’t have sufficient time to answer everybody.

PS: I’m not a Financial Advisor, any funding commentary are my opinions solely. Some of the hyperlinks on this description are affiliate hyperlinks that I do obtain a fee for & they assist help the channel

source

Tags: 10% gross salary rule10% rule for cars20/4/10 ruleaudiautomobileBMWcarcar affordabilitycar buying rulescar dealershipscar loansChevyferrarifinance or buyfordGMChondahow much car can i affordhumphreytalkshyundaiinterest rate carsJeeplease or buyLexusMercedesnissanRam TrucksSubaruteslathe 35% ruletoyotaVolvo
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