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North Carolina. Cost of gas per year: $2,864.16 Average car insurance premium: $1,368 Annual repair costs: $402.61 Monthly payment: $707 Annual payments: $8,4 84 Total annual cost: $13,118.77 ...
A $700 car payment may be too much if it exceeds 10% of your monthly take-home pay or if it strains your budget and limits your ability to meet other financial obligations or goals. It's important ...
Trying to figure out how much car you can afford? We break down how to calculate the monthly costs of owning a car to help you decide how much you can spend.
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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 ...
Sticking to the 20% rule can help you make sure that your transportation costs don’t consume the bulk of your budget, leaving you with enough money for other areas of your budget. See More: 4 ...
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