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How Much Car Should I Buy. Spend no more than 20% of your take home pay on a car. If you take home $2,500, spend $500 on a car.
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It also probably has newer technology. It hasn't had the wear and tear on the engine and interior, she says. The price you’ll pay for car insurance varies based on many factors, including your age, gender, driving history, where you live, type of car.
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These terms are enough to make a. Using the average uk salary of £26,000 per year, this gives you about £6,500 to spend on a new car. If you take home $2,500, spend $500 on a car. According to kelley blue book, in june 2021, the average transaction price for a brand new car was over $42,000.used car.
