How Much Car Can I Afford (20/4/10 Rule)
Marko - WhiteBoard Finance Marko - WhiteBoard Finance
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 Published On May 8, 2019

If you’re in the market to buy a car, you might be asking yourself “how much car can I afford?”. In this video I teach you the 20/4/10 Rule which is a great rule of thumb to understand how much car you can actually afford.

Cars are a big financial decision that most of us have to make, and it's smart to go into a car buying situation knowing exactly how much you can truly afford. This video will help you do that.

Although I still prefer to buy cars cash, I think that the 20/4/10 Rule is a good starting point for someone to decide if a car is affordable or not related to their income and budget.

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