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  2. How Much Car Can I Afford? How To Calculate - AOL

    www.aol.com/much-car-afford-calculate-212330885.html

    How Much of a Car Can You Afford Based on Your Salary? Many financial experts would advise you to not spend more than 10% to 15% of your net monthly income on car payments. For total vehicle costs ...

  3. How Much Car Can You Afford? - AOL

    www.aol.com/much-car-afford-134000667.html

    For example, if you bring home $50,000 per year after taxes, your monthly take-home pay is probably around $4167. Based on the 10 percent recommendation, you could reasonably afford to pay around ...

  4. This Is the Salary You Need To Afford a New Car in Your State

    www.aol.com/salary-afford-car-state-120002485.html

    The state rankings are based on the minimum salary needed from lowest to highest. ... minimum salary required to afford a new car. All data was collected on and up to date as of April 3, 2024. ...

  5. What’s the Rule of Thumb for Car Buying — Is It 3x Your ...

    www.aol.com/finance/rule-thumb-car-buying-3x...

    Buying a car is an enormous financial decision and can cause some sticker shock. Indeed, Kelley Blue Book noted that the average cost of new cars is now more than $47,000 — up a whopping $6,000 ...

  6. 6 Cool Cars the Middle Class Can Afford, According to Car ...

    www.aol.com/6-cool-cars-middle-class-140105973.html

    Buying a car on a middle-class budget doesn't mean you can't get a "cool" car. Based on the middle-class income range of $56,600 to $169,800, as identified by the Pew Research Center, and on the ...

  7. Why the Middle Class Can’t Afford a New Car, According to ...

    www.aol.com/finance/why-middle-class-t-afford...

    Under the 20/4/10 rule, you must make over $150,000 to afford a new car with an initial price of around $48,000. ... The average American salary isn’t high enough to afford a brand-new car ...