WebPay cash for a car or opt for finance and make lumpsum payment towards mortgage? Kia Ora! My wife and I need a second car and are looking for pre-owned under $30k (prices have shot up since I last checked). We are unable to decide if it makes sense to pay cash or opt for finance and use that $$ towards mortgage repayment. WebYou should spend about half of your salary that you make in a year, on a car. Eg. You make 30K per year. Buy a $15K car that you'll have for a few years. If you make $200K, buying a model s/x might be right up your alley 2 level 1 · 8 yr. ago Model 3 will be a great car. Yes it is the "mass market" tesla but its not gonna be a toyota camry.
Maximize Your Budget: How Much Rent Can I Afford on 50k?
WebApr 9, 2024 · What kind of house can i afford making 30k a year. The monthly mortgage payment would be $1,419. A good lender will review your income debt. A $100k salary puts you in a good position to buy a home. Va loan benefits are what make house affordability possible for those who might otherwise not be able to afford a mortgage. The home … WebNov 22, 2024 · The general rule of thumb is that you should not spend more than 20% of your monthly take-home pay on cars, according to Edmunds.com (via Bankrate ). So if your after-tax monthly income is $4,000,... how to start ssh agent in windows
Car Affordability Calculator - Income Based Affordable Car
WebNov 4, 2024 · Because the upfront cost of a vehicle isn’t going to be the only thing you pay for, and cutting down your base price budget is the most effective way to save money. If you make the median per... WebA $30,000 Toyota Camry seems enough money already! I already need to deal with other expenses. What kind of cars can someone making around $100,000 afford comfortably? I really wanted those new C8 Stingrays, but it still seems a stupid amount of money even at this income. Maybe I am being cheap idk. 213 229 comments Best Add a Comment WebYou're going to pay $30000 for a $20000 car. Not to mention your credit's going to look a little bit weird so you're going to pay higher interest rate. Push your carrying a bunch of negative equity unless you've got a bunch of cash to bring to the deal. Your $700/mo will turn into $550 with a LOT less car to show for it. AgainandBack • 3 hr. ago react native flatlist with pagination