Submitted by [deleted] t3_127l5z0 in personalfinance
iamaweirdguy t1_jeeozyq wrote
Reply to comment by Mac_McAvery in Is a $500 car payment too much by [deleted]
Giving a set dollar amount doesn’t really make much sense here. What matters more is the interest rate and terms of the loan, your income, and your expenses.
Some people can afford much more than $250 a month. Some can’t afford a car payment at all.
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