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

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

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

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Is It Ever Okay to Break the 20/3/8 Car Buying Rule?

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

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?

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

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When is a Car Considered a “Luxury” Car?

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

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Is a $1,000 Car Payment Okay If It Doesn’t Break The 20/3/8 Rule?

If you are purchasing a car with a payment over $1,000, but can fit it into the 20/3/8 rule, is…

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Is Tesla a Luxury Car Brand? (Here’s the Truth)

With government tax credits, Tesla cars are now more affordable. Does this mean Tesla is no longer a luxury vehicle?…

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I Make $100,000 and Just Bought a $60,000 Truck! (Should I Sell It?)

If you didn’t follow our 20/3/8 car-buying rule and now are underwater on your vehicle, what should you do? Does…

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