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I make 70k a year what car can i afford

Witryna7 gru 2024 · The 10% to 15% rule gives you a general guideline to estimate how much car you can afford based on your salary. The rule states that the total operating cost … Witryna8 sty 2024 · If we calculate 15% of that take-home pay, we end up at $5,830.35 or car payments of $485.86 per month. If you want the best car you can afford at that …

How Much Car Can I Afford On My Salary? - Read The Answer

WitrynaHow much car can I afford on a 70K salary? 5 year loan on a 70K car would be around $1500 per month with a reasonable interest rate. Insurance, presuming you should be … WitrynaIf you’re able to delay a car purchase, at your savings rate, within a year I think you could buy a very reasonable $25K-$30K used car. If your beater is dangerous to drive or at … garage hex lighting https://epicadventuretravelandtours.com

Can I afford it? Dodge Challenger Forum

Witryna16 lut 2024 · So, the amount of tax you'd pay is £5,800 x 40% (assumed marginal income tax rate) = £2,320 for the year. Example 2 – Pure Electric Car. For an electric car emitting 0g/km CO 2 with a P11D value of £30,000, the taxable (BiK) amount for 2024/23 would be £600 (list price of £30,000 x 2% CO 2 tax band). WitrynaI max my Roth IRA and Roth 401k making $70k a year. That’ll be $5million+ with a 7% return by the time I’m 65. (Like $$10-$14million in todays dollars) You don’t need $10million+ you can get by on way less. To have $2million by 65, starting at 25, you only need to invest $400 a month. That’s pretty easy. Witryna9 lut 2024 · So if you make $50,000 a year, you should not spend more than $25,000 for a car(s). How much should you make to buy a 70K car? This works out to $24K per … black max electric pressure washer manual

I Make 60k A Year, What Car Can I Afford? (Find Out the Kind of …

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I make 70k a year what car can i afford

What minimum salary should you have to buy a $100k car?

Witryna2 dni temu · The EPA proposals call for 60% of new passenger vehicles to be electric by 2030, with that number hitting 67% by 2032. Sen. Tom Cotton (R-Ark.) said the EPA’s proposals will be bad for everyday ... Witryna10 kwi 2024 · That's the highest we've seen since 2007. A year ago the rate was 4.87%. Show this thread. 64. 28. 247. Farzad Mesbahi. @farzyness. Subscriber. Replying to . @garyblack00. Problem is most Americans already can't afford a $30k car with 0% down. ... Solution: Make cars more affordable. I wish Tesla thought of this.

I make 70k a year what car can i afford

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WitrynaHow much car can I afford if I make 75k? If you make $75,000 per year, your total loan payments shouldn't exceed $2,250 per month. The 20/4/10 rule: Put down 20% on a … Witryna12 gru 2024 · How much should I spend on a car if I make $70000 a year? Answer: You can afford a car that costs up to $28000. 3. What price range of car can I afford with …

WitrynaPersonally, I would suggest that the car/truck you buy should also fit your insurance and maintenance costs in that samee calculated figure. So at $60k/year, your car, insurance and maintenance should stay under $750/mo. Heck, I feel my car expenses at $750 are high and I make quite a bit more. WitrynaTo afford a $100,000 car, it’s probable you need to make $300,000 a year conservatively after taxes. Graphical user interface. Description automatically …

Witryna10 kwi 2024 · Savings Account Rates Today: April 10, 2024—Take Home 4.5% Or More. Doug Whiteman. Editor. Fact Checked. Mitch Strohm. editor. Published: Apr 10, 2024, 8:09am. Editorial Note: We earn a ... Witryna28 lis 2024 · In general, an individual who earns $70,000 might afford a home worth anywhere from $200,000 to nearly $500,000. That is because several variables go …

Witryna16 cze 2024 · To find out if you can afford that monthly payment, you’ll first need to figure out what your actual loan amount will be, taking into account any down payment or trade-in value. Let’s say you want to purchase a $20,000 car and you plan to make a $2,000 down payment — your loan amount would be $18,000. To estimate your …

WitrynaA lot of people in Boston spend 50-60% or more. Those people are crazy, or rich, or have family money. You should spend about 1/3 of your take home. And no more than 1/2 your income on fixed costs (rent, utilities, transit, etc). That leaves you a nice buffer for disposable income, savings, and debt service. garage highbury cornerWitrynaCar for high mile commuter. Annual Mileage: ~30k. Budget: 8k cash or 20k loan (I’d like to avoid interest rates right now but credit is good and I can afford the payment) Location: Midwest US but will travel for the right deal. Must have: Reliability (again 30k miles a year) Good MPG (high 20s gas or high 30s diesel) black max fishing comboWitryna14 sty 2024 · What type of car you can afford mostly depends on your monthly income, expenses, down payment, etc. You should not spend more than 35% – 50% of your … garage hirn oberriet