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2. What’s the Rule of Thumb for Car Buying — Is It 3x Your ...

   www.aol.com/finance/rule-thumb-car-buying-3x...

   Buying a car is an enormous financial decision and can cause some sticker shock. Indeed, Kelley Blue Book noted that the average cost of new cars is now more than $47,000 — up a whopping $6,000 ...

3. How Much Car Can I Afford? How To Calculate - AOL

   www.aol.com/much-car-afford-calculate-212330885.html

   10% of your monthly income: Your total monthly car costs, which include the car payment, maintenance, gas, insurance, etc., won’t exceed 10% of your monthly income. Remember, this is just a ...

4. How Much Car Can You Afford? - AOL

   www.aol.com/much-car-afford-134000720.html

   For example, if you bring home $50,000 per year after taxes, your monthly take-home pay is probably around $4167. Based on the 10 percent recommendation, you could reasonably afford to pay around ...

5. 6 Cool Cars the Middle Class Can Afford, According to Car ...

   www.aol.com/6-cool-cars-middle-class-140105973.html

   Buying a car on a middle-class budget doesn't mean you can't get a "cool" car. Based on the middle-class income range of $56,600 to $169,800, as identified by the Pew Research Center, and on the ...

6. Should You Wait To Buy a Car Until Interest Rates Fall? - AOL

   www.aol.com/finance/wait-buy-car-until-interest...

   When buying a car, one rule of thumb is the 20/4/10 guideline, which suggests putting 20% down on a 4-year car loan, with monthly payments that do not exceed 10% of your monthly income.

7. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   Captives have a smaller share of the overall car financing market (new and used cars), along with banks, credit unions, and finance companies. A small number of cars are financed directly by the dealership at "Buy Here Pay Here" dealers, which cater to customers with subprime credit. Buy Here Pay Here financing accounts for 6% of the total ...