Cost of a car and HHI/NW

[Anonymous]

Anonymous wrote:

Anonymous wrote:Before pandemic the rule of thumb is total car value less than 20% of your HHI. Obviously it varies a lot by individual situations.

I want to buy a car that would be satisfying this condition for sure, but my husband is having a serious freak out. He thinks it's foolish.

I'd have a serious freak out too! Our cars are less than 5% HHI. If I made less, maybe I'd stretch to 8%