Learn in this video the car buying rules that will break down everything you need to know to afford a car that fits your budget.
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Are you thinking about buying a new car but not sure how much you can afford based on your salary? In this video, we will break down exactly how much car you can actually afford based on your income. We will provide a simple formula to help you determine a realistic budget for your next car purchase. It's important to not overspend on a car and end up in financial trouble. By the end of this video, you will have a clear understanding of how much car you can comfortably afford without breaking the bank. Watch now to make a well-informed decision on your next car purchase! Don't forget to like, comment, and subscribe for more financial tips and advice.

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⏱️ Timestamps:
00:00 - Intro
00:50 - Car Price vs True Cost of Car Ownership
01:15 - Financing
02:11 - Insurance
03:00 - Taxes
03:10 - Maintenance and Repair
03:45 - Depreciation
04:15 - Gas
04:25 - True Cost of Car Ownership
05:00 - 20% to 30% Rule
06:00 - 20/4/10 Rule
08:40 - Salary and Car Price Table
10:05 - The issue with Car Dealerships
11:20 - Do you need a car?
12:38 - Saving Money when Buying a Car
13:10 - Conclusion

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PS: I am not a Financial Advisor, any investment commentary is my opinion only.
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