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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]Dave Ramsey NP here, OP is debt free and assuming on target with other savings goals can afford a nicer car and asked for a benchmark similar to housing benchmarks. Obviously, DR did not mean for this to be a hard and fast rule. Personal finance is personal and other people have more debt and little savings and couldn't afford the bill for the 3% car. The point OP, is don't go out and get a loan on two Land Rovers with your 300k when the money could be working for you. I would ask the rest of you what your discretionary spending is on your hobbies? Ops DH likes cars! [/quote]
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