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Cars and Transportation
Reply to "If you like cars, what is a reasonable car price based on income"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No more than 10% of your HHI. The more you make, the lower the percentage should go (unless you're a car person and fancy expensive cars bring you joy, but still don't exceed 10%).[/quote] So...240k= 24k or lower? Lol[/quote] Yep. Laugh all you want, but you can get a good car of any type for that price, and $240k HHI isn't exactly "I can have anything on Earth I want" territory, so it shouldn't shock you to shop wisely.[/quote] This is someone who likes cars, is shopping for something above “nice” and functional. No one is disputing that you can get a reliable, boring import for 24k.[/quote] You can get a fancier car for that price, too, it just won't be new. Sure, OP likes cars and is not shopping for a Kia, but OP [i]also[/i] asked for a reliable "don't blow your budget" benchmark for car purchases. This is it. So set a google alert for Acuras below $25k and get ready to bargain.[/quote]
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