I am looking to buy a car and would like to know what is a good ratio for income to car value?
What is a good ratio for salary to auto-loan?
15% of available income. i am a car dealer. take your gross income(before taxes), then take out your mortgage or rent, and other car or large loan payments, that is your available income
What is a good ratio for salary to auto-loan?
it depends what your other obligations are.
What is a good ratio for salary to auto-loan?
Pay cash for your car and you won't need to worry about debt.
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