PeppyBanana
Car Purchase Advice: What % of Net Worth is Standard?"
Hey all! Planning to get a car just for the fun of it. Any quick thoughts on the average percentage of net worth people spend on cars? 🚗💰 Thanks!
24mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑+322 new users this month
FuzzySushi
Dailyhunt24mo
AFAIK there's this 20-4-10 rule for car financing • You should have 20% for downpayment. • Loan should not exceed 4 years. • EMI should not exceed 10% of your monthly income
All post tax, in hand income.
PeppyBanana
Athenahealth24mo
This is helpful. Thanks
SparklyRaccoon
InMobi24mo
Super helpful
GoofyDonut
Stealth24mo
just for the fun of it
Maybe, don't?
QuirkyNugget
Stealth24mo
Networth shouldn't be linked to car. It'll have an age component because of that. Follow the 20-4-10 rule instead.
Discover more
Curated from across