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How Much Car Can You Afford?

In this video we go over the car buying rules that can help you understand how much car you can afford.

Edmunds True Cost To Own Calculator: https://www.edmunds.com/tco.html

Calculate + Negotiate a Car Lease Payment Video:    • How to Negotiate The LOWEST Car Lease...  

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FREE GUIDES/TEMPLATES:
Investing 101 PDF: https://beacons.ai/humphreytalks/free...
The Financial Mastersheet: https://beacons.ai/humphreytalks/free...
Car Lease Payment Calculator: https://beacons.ai/humphreytalks/free...
Net Worth Tracker: https://beacons.ai/humphreytalks/free...

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Timestamps:
0:00 Intro
0:30 Current State of Industry
1:15 Rule 1: The 35% Rule
2:07 More Conservative "25%" Rule
3:02 The 20/4/10 Rule
4:34 The "4" Years
6:13 The 10% Rule
7:52 Buy or Lease?
9:35 Opportunity Cost
10:15 Car Saving Tip 1
10:47 Car Saving Tip 2
11:00 Car Saving Tip 3
11:36 Lifestyle Creep

GET IN TOUCH: I'd love to hear from you! If you have a longer question, or if you have a business related inquiry, please then send me an email at [email protected]. I try my best to reply to all email but sometimes I do not have enough time to respond to everyone.

PS: I am not a Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel