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Reply to "Average price of a new car is $48,094 (as of 9/22)"
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[quote=Anonymous] https://www.financialsamurai.com/average-new-car-price/ However, spending more than $40,000 for a new car if your household earns less than $200,000 a year is unwise. With this type of car spending, it is unlikely you will save and invest enough to live a comfortable retirement. The median household (not individual, but entire household) income in 2022 is $70,784 . [/quote]
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