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The exact amount that you should spend on a car might change depending on who you ask. Some experts recommend that car-buyers follow the 36% rule associated with the debt-to-income ratio (DTI).
The Best Money You Can Spend On Your Car To Delay Buying a New One. Laura Bogart. February 5, 2025 at 9:51 AM ... Rather than getting a whole new car, you can plan on budgeting between $200 and ...
Ages 35 to 44 (Millennials to Gen X): A large percentage of car owners in this group — around 33% — spend $500 or less on their monthly car payment. This is also the group with the highest ...
The average American spends $725 on their monthly payment for a new vehicle, according to Experian's data from earlier this year. This is a $75 monthly increase from the previous year. While used...
Here are some of the best ways to spend $100 on your car — but as the first entry proves, what you don’t spend that money on can be just as important. Read Next: The Best Car for Every Age ...
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related to: how much should you spend on a car reddit account