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Tag: buying a car

17 results found
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Car Affordability Calculator (20/3/8 Rule)

Follow the 20/3/8 rule and see how much car you can afford.

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Millionaire Habits Revealed (2025 Client Survey Data)

Updated: September 17, 2025

Each year we conduct an annual survey of our millionaire clients. Some of the data is not too surprising. Yes,…

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The Car Market is BANKRUPTING Americans (What You Need To Know)

Updated: July 23, 2025

Average payments for new cars have climbed to $745, with loan terms now being stretched out to over 68 months.…

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How To Buy an Affordable and Reliable Car in 2025

Updated: August 1, 2025

The pandemic broke the car market, causing prices of both new cars and used cars to skyrocket. Prices are still…

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Does It Ever Make Sense To Break the Money Guy Rules?

Updated: May 23, 2024

Rules are made to be broken, right? In the case of our Money Guy rules that is absolutely not the…

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Do You Still Have to Pay Off a Low-Interest Car Loan in 3 Years?

Updated: December 11, 2023

If you have locked in a low-interest rate on a car, does it make sense to NOT pay it off…

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Should I Purchase a $240,000 Car to Impress Potential Clients?

Updated: December 4, 2023

If you are young and just out of college starting a job with a high earning potential, you might feel…

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I Broke the 20/3/8 Rule! (What Are My Options?)

Updated: November 27, 2023

If you haven’t been following our 20/3/8 rule for purchasing a car, should you pay your car off as quickly…

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When is a Car Considered a “Luxury” Car?

Updated: November 9, 2023

What does the Money Guy consider to be a luxury car and when does a car become luxury? Want to…

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