23 июн. 2021 г. · Best rule of thumb for car purchase: 5% of net worth or 10% of yearly income (whichever is greater).

5 мар. 2024 г. · 1. Total value of all vehicles, including motorcycles, boats, campers, and other "toys", should be no more than 50% of your household income.

25 сент. 2020 г. · You don't need any particular net worth to purchase a $200k car. If you have the cash, you can spend it on any frivolous purchase you choose.

9 сент. 2020 г. · Some popular voices say 10% which is obviously a bit extreme, but still sound financial advice. I would say 20-25%max. Vehicles are a really bad ...

23 мар. 2017 г. · Our 4 vehicles combined would equal a little under 3% of our net worth. More important to us: monthly and annual expenses for assets such as ...

1 сент. 2023 г. · You should buy the car. My rule of thumb is the car cost should be no more than 1/3 of annual salary or 1% of net worth. Edit: ...

2 мар. 2021 г. · The 5% of net worth on car/stuff can apply to anything with a motor and that percentage should include ALL said vehicles like cars, snowmobiles, ...

31 окт. 2024 г. · Financial Samurai recently posted an article that one should spend no more than 1/10th of your gross annual income on a car:

13 июл. 2017 г. · If I did include our cars, they'd probably make up around 2% of our net worth. I also don't include our technology (TVs, computers, phones, etc.) ...

2 авг. 2018 г. · Never pay more than 100% of your net worth for a car. Less is better. Seriously though, using a percent of your net worth to decide how much car ...